In a statement, Toyota Motor Corp said it will be moving its production of the mid-size Tacoma pick-up truck from the U.S. to Mexico. Toyota Motor Corp, Japan’s biggest automaker, stated by 2022, it will stop the production of its Toyota Sequoia in Indiana since that plant focuses on minivans and mid-size SUVs. By late…
The deal marks a strategic shift in Uber’s approach to maintaining its lead in the ride services industry. In a bid to catch up on rivals in the hotly crowded automated autonomous driving industry, Toyota Motor Corp said it will invest $500 million in Uber Technologies Inc so as to jointly develop self-driving cars. Although…
Toyota Motors, an investor in, is reportedly in discussions with Uber Technologies to quicken the pace of bringing autonomous automated driving to the mass market. On Friday, Japan’s Nikkei reported, without citing any sources, that Uber Technologies is in the process of negotiating the installation of its self-driving system in Toyota Motor Co’s minivan vehicles.…
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