Tag: Toyota

Pedestrian detection systems produce mixed results in safety study

(Reuters) – The performance of modern pedestrian detection systems varies widely between carmakers, with high-end luxury brands generally faring better and other models failing to recognize pedestrians altogether, according to a study released on Tuesday by a U.S. insurance research group. FILE PHOTO: Philip Floyd, senior engineering technician for the Insurance Institute for Highway Safety… Continue reading Pedestrian detection systems produce mixed results in safety study

VW Finance Chief outlines road map for $222-billion ambition

The seven-point plan includes strengthening individual brands such as VW, Audi and Porsche, growth in China and boosting software operations. Frankfurt: Days before production starts on Volkswagen AG’s cornerstone electric vehicle, the German manufacturer is stepping up a campaign to more than double the market value and gain investor recognition for the industry’s most ambitious… Continue reading VW Finance Chief outlines road map for $222-billion ambition

Hyundai is launching BotRide, a robotaxi service in California with Pony.ai and Via

A fleet of electric, autonomous Hyundai Kona crossovers — equipped with a self-driving system from Chinese autonomous startup Pony.ai and Via’s ride-hailing platform, will start shuttling customers on public roads next week. The robotaxi service called BotRide will operate on public roads in Irvine, California, beginning November 4. This isn’t a driverless service; there will… Continue reading Hyundai is launching BotRide, a robotaxi service in California with Pony.ai and Via

GM, Toyota, Fiat Chrysler back Trump on California emissions challenge

WASHINGTON (Reuters) – General Motors Co (GM.N), Toyota Motor Corp (7203.T), Hyundai Motor Co (005380.KS), Fiat Chrysler Automobiles NV (FCHA.MI) and other major automakers are siding with the Trump administration in its bid to bar California from setting its own fuel efficiency rules or zero-emission vehicles requirements. FILE PHOTO: Morning commuters travel in rush hour… Continue reading GM, Toyota, Fiat Chrysler back Trump on California emissions challenge

MIT uses shadows to help autonomous vehicles see around corners

We’re still not at the point where autonomous vehicle systems can best human drivers in all scenarios, but the hope is that eventually, technology being incorporated into self-driving cars will be capable of things humans can’t even fathom — like seeing around corners. There’s been a lot of work and research put into this concept over… Continue reading MIT uses shadows to help autonomous vehicles see around corners

Toyota Motor Credit Corporation (TMCC) Issues its First Secured Overnight Financing Rate (SOFR) Medium-Term Note Transaction

$1.55 billion bond is the first SOFR MTN issued by a captive auto finance company PLANO, Texas (October 24, 2019) – Toyota Motor Credit Corporation (TMCC) has issued its first Secured Overnight Financing Rate (SOFR) medium-term note (MTN) transaction, demonstrating the company’s commitment to innovation, and advancing its reputation as an industry leader. The one-year… Continue reading Toyota Motor Credit Corporation (TMCC) Issues its First Secured Overnight Financing Rate (SOFR) Medium-Term Note Transaction

Toyota Launches “Toyota Share” Car-Sharing Service and “Chokunori” Toyota Rent-a-Car Service for the Future Mobility Society in Japan

Oct. 28, 2019 Toyota City, Japan, October 28, 2019―Toyota Motor Corporation (Toyota) announces the nationwide rollout in Japan of “Toyota Share,” a car-sharing service provided by Toyota dealers and Toyota rental and leasing branches, and “Chokunori,” a new unmanned rent-a-car service. Both services will be available starting on October 28. Toyota is working to provide… Continue reading Toyota Launches “Toyota Share” Car-Sharing Service and “Chokunori” Toyota Rent-a-Car Service for the Future Mobility Society in Japan

REE Partnership With Hino Shows More On In-Wheel Motor Tech

The system arrangement is now clearer than ever. Our first article on REE raised more doubts than it managed to obtain answers. Then we had the chance to meet Ran Dekel, the automotive team leader for the company. He clarified more aspects of the innovative system, but we were still not very sure about how… Continue reading REE Partnership With Hino Shows More On In-Wheel Motor Tech