Toyota to build new-generation Auris car in Derbyshire

Toyota Japanese carmaker’s decision safeguards the jobs of 3,000 workers as Brexit fears continue A worker assembles a vehicle on the production line at Toyota’s factory in Burnaston, Derbyshire. Photograph: Bloomberg/Getty Images Toyota has announced it will build the next generation of its Auris car at its Burnaston plant in Derbyshire. The Japanese carmaker said… Continue reading Toyota to build new-generation Auris car in Derbyshire

Fiat Chrysler reportedly phasing out diesel passenger cars by 2022

Jeremy Alan Glover @jagimaging.com Fiat Chrysler diesel plans are back in the spotlight again. The Italian-American car maker was hit with several lawsuits last December, each claiming that the company’s heavy-duty pickup trucks used devices aimed at cheating emissions tests. Last month, the EPA said that Chrysler had violated the Clean Air Act, alleging that… Continue reading Fiat Chrysler reportedly phasing out diesel passenger cars by 2022

Gestamp recorded revenues of €8,202m in 2017

2.26.2018 Gestamp, the multinational company specialized in the design, development and manufacture of highly engineered metal components for the automotive industry, has recorded revenues of €8,202m in 2017, according to its full year results. Revenues have increased by 8.6% over the previous year, more than six times the growth of production volumes in Gestamp’s footprint… Continue reading Gestamp recorded revenues of €8,202m in 2017

BMW, Toyota Back a Driverless Startup That Wants to Start Small

As automakers spend billions to rack up autonomous miles and map city streets, Toyota Motor Corp. and BMW AG are also betting on a startup with a more modest approach. The corporate venture arms of the two carmakers led a $11.5 million seed investment round for May Mobility, a micro-transit company that deploys self-driving electric shuttles… Continue reading BMW, Toyota Back a Driverless Startup That Wants to Start Small

May Mobility Raises $11.5M in Seed Funding

May Mobility, an Ann Arbor, MI-based autonomous vehicle company advancing self-driving micro-shuttles, raised $11.5m in seed funding. BMW i Ventures and Toyota AI Ventures have joined its investor-base, including Maven Ventures, SV Angel, Tandem Ventures, Trucks Ventures, and YCombinator, co-leading its seed round. This funding will allow the company to launch new deployments across the… Continue reading May Mobility Raises $11.5M in Seed Funding