With 1,001,662 vehicles sold in 2017, the Japanese saw its sales rise by 8% on the Old Continent and reach a market share of 4.8%. In addition, 40% of sales are hybrid-electric. “2017 was a very good year for us, we have passed the one million mark in a difficult market and we are ahead… Continue reading Over a million units sold in Europe for the Toyota Group
Tag: Toyota
Lexus Carves Out a New Flagship Luxury Crossover with Lexus LF-1 Limitless Concept
DETROIT, Jan. 15, 2018 /PRNewswire/ — Like molten metal being forged into a fine Japanese sword, the lines of the Lexus LF-1 Limitless concept have the potential to shape the future of a flagship luxury crossover for Lexus. Lexus established the luxury crossover segment two decades ago with the global debut of the RX 300 at Detroit.… Continue reading Lexus Carves Out a New Flagship Luxury Crossover with Lexus LF-1 Limitless Concept
Nexteer Launches Digital Trace™ Manufacturing, a Holistic Approach to Integrating Manufacturing & Design
DETROIT, Jan. 15, 2018 /PRNewswire/ — Nexteer Automotive today introduced Digital Trace™ Manufacturing, one of the most advanced, holistic, integrative approaches to design and manufacturing systems ever seen in the auto industry. The system uses the latest technologies and data analytics within one common, global architecture. For customers, this will help deliver high-quality product performance while… Continue reading Nexteer Launches Digital Trace™ Manufacturing, a Holistic Approach to Integrating Manufacturing & Design
Lexus Carves Out a New Flagship Luxury Crossover with Lexus LF-1 Limitless
Jan. 15, 2018 DETROIT―Jan. 15, 2018―Like molten metal being forged into a fine Japanese sword, the lines of the Lexus LF-1 Limitless concept have the potential to shape the future of a flagship luxury crossover for Lexus. Lexus established the luxury crossover segment two decades ago with the global debut of the RX 300 at… Continue reading Lexus Carves Out a New Flagship Luxury Crossover with Lexus LF-1 Limitless
DENSO, Toshiba Digital Solutions, and Toshiba Information Systems Conclude a Capital Alliance Agreement to Enhance Development of Embedded Software for In-vehicle Products
DENSO Corporation, Toshiba Digital Solutions Corporation, and Toshiba Information Systems (Japan) Corporation have concluded a capital alliance agreement in which DENSO acquires 20% of the total number of shares issued by Toshiba Information Systems. The auto industry is changing in a way that requires ever-more complicated and advanced technologies, such as connectivity, autonomous driving, shared… Continue reading DENSO, Toshiba Digital Solutions, and Toshiba Information Systems Conclude a Capital Alliance Agreement to Enhance Development of Embedded Software for In-vehicle Products
Snows Group buys Portfield in Chichester
Snows Group has hit the acquisition trail buying Portfield in Chichester,which represents Citroën, Mazda and Peugeot (pictured) brands in the city. A Toyota franchise dealership is also being developed for the site. The deal also includes Portfield Part Exchange Centre Bognor Regis, which will become Snows’10th specialist used car outlet under the banner Too Good… Continue reading Snows Group buys Portfield in Chichester
Adapt or Die Is Marchionne’s Stark Farewell Message to Carmakers
Sergio Marchionne, one of the longest-serving CEOs in the automotive industry, has a blunt warning: Carmakers have less than a decade to reinvent themselves or risk being commoditized amid a seismic shift in how vehicles are powered, driven and purchased. Developing technologies like electrification, self-driving software and ride-sharing will alter consumers’ car-buying decisions within six… Continue reading Adapt or Die Is Marchionne’s Stark Farewell Message to Carmakers
UPDATE 1-VW brand car sales hit record 6.23 mln in 2017
DETROIT (Reuters) – Volkswagen’s (VOWG_p.DE) core autos division increased vehicle sales to a record 6.23 million cars last year, as rising demand for VW brand models in the Americas and the key Chinese market offset a decline in western Europe. Although the emissions test-cheating scandal of September 2015 has cost the German group billions of… Continue reading UPDATE 1-VW brand car sales hit record 6.23 mln in 2017
UPDATE 3-Ford plans $11 billion investment, 40 electrified vehicles by 2022
DETROIT (Reuters) – Ford Motor Co (F.N) will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show. The investment figure is sharply higher than a previously announced target… Continue reading UPDATE 3-Ford plans $11 billion investment, 40 electrified vehicles by 2022
Top Automotive Industry News for Week of January 8 – January 14, 2017
Here is the most important news associated with the automotive industry identified by the SEA for the week January 8, 2018 – January 14, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- 2018 Detroit Auto Show Preview: Here’s What to Expect (Car &… Continue reading Top Automotive Industry News for Week of January 8 – January 14, 2017