During a special Toyota Times News live broadcast on January 26, 2023, Akio Toyoda announced that he was stepping down as president of Toyota and would take a new position as chairman. Immediately after that live broadcast, Toyota Times also interviewed Akio, giving him a chance to speak about his feelings in that moment. However,… Continue reading @Toyota: [Toyota Times] Finally Public After Two Years – Akio Toyoda’s Thoughts Immediately After Announcing 2023 Leadership Change
Tag: Toyota
Nuro’s $106M raise backs its shift from delivery robots to licensing autonomy tech
After months of hearty marketing efforts and large-scale technology demos across the U.S., Nuro has secured $106 million in fresh funding to help scale its autonomous driving technology and advance commercial partnerships. The Series E round brings Nuro’s total funding raised to $2.2 billion and its valuation to $6 billion. That’s a drop from the… Continue reading Nuro’s $106M raise backs its shift from delivery robots to licensing autonomy tech
Is BYD Leading the Charge in Low-Cost EVs Amid Affordability Woes?
For electric vehicles (EVs) to truly go mainstream, they need to be more affordable. Automakers are working to cut costs and Chinese EV giant BYD Co Ltd BYDDY is already racing ahead. With a vertically integrated business model and full control of its supply chain, BYD is selling cars at a much cheaper sticker price.… Continue reading Is BYD Leading the Charge in Low-Cost EVs Amid Affordability Woes?
German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009115
The European Commission has imposed millions in terms of millions against 15 car manufacturers due to a cartel in connection with recycling, scrapped vehicles. The VW Group has to pay the highest fine with around 128 million euros, as the Commission announced on Tuesday. Mercedes had disclosed the cartel in Brussels and therefore escapes a… Continue reading German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009115
@Toyota: To Say Something About That – In Conversation with Kevin Butt, Former Group Manager of TMNA Environmental Sustainability
Over the past 34 years, Kevin Butt has built out a team focused on integrating environmental sustainability into the production, service and operations at Toyota in North America. As Kevin is known to say, “Let me say this about that,” and the Toyota Comms team did just that. The following QA is an excerpt from… Continue reading @Toyota: To Say Something About That – In Conversation with Kevin Butt, Former Group Manager of TMNA Environmental Sustainability
Garrett Motion (GTX) Surges 9.8%: Is This an Indication of Further Gains?
Garrett Motion (GTX) shares ended the last trading session 9.8% higher at $8.06. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock’s 22.4% loss over the past four weeks. Garrett shares rose yesterday as investors reacted to its strong position in… Continue reading Garrett Motion (GTX) Surges 9.8%: Is This an Indication of Further Gains?
Amazon’s Zoox begins robotaxi testing in Los Angeles
Zoox, Amazon’s autonomous vehicle unit, is deploying a small fleet of retrofitted test vehicles on the streets of Los Angeles starting Tuesday – a modest, yet meaningful step as the company inches toward offering public rides in Las Vegas and San Francisco later this year. The data-collection effort marks Zoox’s entrance into its sixth city… Continue reading Amazon’s Zoox begins robotaxi testing in Los Angeles
Forget WEC – Super Taikyu is way cooler
Think of endurance racing and your mind probably turns to the World Endurance Championship, in which bespoke hypercars rub wings with some of the world’s ultimate sports cars. It makes for stellar viewing but, given the sheer cost and complexity of the cars involved, can feel a bit samey once you’ve followed it for a… Continue reading Forget WEC – Super Taikyu is way cooler
Toyota now plans to launch 10 new EVs within the next three years: Here’s what we know
Toyota is late to the game, but it doesn’t want to fall any further behind. The world’s largest automaker is about to shake things up with 10 new EVs launching by 2027 — tripling its lineup. The new models will roll out in the US, Europe, Japan, China, and Southeast Asia as Toyota looks to… Continue reading Toyota now plans to launch 10 new EVs within the next three years: Here’s what we know
Auto sales are on a ‘roller coaster ride’ as tariffs are expected to increase prices
A salesperson (left) shows vehicles to a shopper at a Toyota dealership. Getty Images DETROIT — Prices of new and used vehicles in the U.S. are expected to notably increase this year amid President Donald Trump‘s 25% auto tariffs, according to a new analysis from industry experts at Cox Automotive. The automotive data and advisory… Continue reading Auto sales are on a ‘roller coaster ride’ as tariffs are expected to increase prices