Toyota, SoftBank teams up to target self-driving car services
Toyota Motor and SoftBank Group are teaming up to develop self-driving vehicle services, signaling deepening alliances among top automakers and tech companies as the global race to develop autonomous cars intensifies. Japan’s biggest automaker and its most influential tech firm will jointly work on a platform to operate self-driving vehicles which can be used as
- Published in Toyota
All vehicles Mazda to be electric hybrid, EVs by 2030
Mazda Motor stated on Tuesday that all of the vehicles it produces by 2030 will be electrified, where as 5 percent of its cars will be all-battery electric vehicles (EVs). The Japanese automaker joins a expanding number of worldwide automakers who are planning to decrease emissions by producing more gasoline-hybrid vehicles, plug-in hybrids and battery
- Published in Mazda
Trump metals tariffs to cost Ford $1 billion in profits, says Ford CEO
Steel and aluminum tariffs imposed by the Trump administration have cost Ford Motor about $1 billion in profits, its chief executive officer stated on Wednesday, where as Honda Motor stated higher steel costs have brought “hundreds of millions of dollars” in recent costs. “From Ford’s perspective the metals tariffs took about $1 billion in profit
Ford extends talks with Volkswagen and Mahindra to cut expenses
With its stock trading close to a 6-year low late last month, Ford Motor CEO Jim Hackett gathered the automaker’s top 300 executives close to its headquarters located in Michigan for a global leadership meeting. Hackett’s message: Ford should put in motion plans to restructure its business now in order to secure promised expenses savings,
- Published in Ford, Mahindra, Volkswagen
Nissan blames recent improper tests on ‘low awareness’ of regulations
Nissan Motor stated on Wednesday an “extremely low awareness” of the seriousness of investigation standards and rules had resulted in improper measuring of exhaust emissions and fuel economy in auto models made in Japan. Nissan stated in July that sample testing for emissions and fuel economy in final vehicle inspections at majority of its factories
- Published in Nissan
Hyundai is setting a new benchmark with fourth-generation Santa Fe
Hyundai is “setting a new benchmark” in the SUV segment with the release of the all-new fourth-generation Santa Fe, as per a statement yesterday. With this, the company is providing customers outstanding design, innovative technology and the recent safety features, while maintaining the popular model’s reputation for excellent value. Starting with the launch of its
- Published in Hyundai
After Apple’s CarPlay, Toyota now brings Android Auto to vehicles
Toyota Motor agreed to include Android Auto to its vehicles, according to an individual knowledgeable with the matter, ending years of resistance to the Google infotainment software because of safety and security issues. Initially, Toyota will let Android Auto devices to connect directly to its vehicles, after declaring compatibility with Apple Inc.’s CarPlay in January.
- Published in Toyota
Nissan Recalls 215,000 Cars Due to ABS Component Leaks and Fires
Nissan is recalling over 215,000 sedans and crossovers in the United States to repair a anti-lock-braking-system part that can ignite under the hood, as per the filings with the National Highway Traffic Safety Administration (NHTSA). This is the second time Nissan has attempted to repair vehicles with defective ABS actuators—the component that pulses the brake
- Published in Nissan
Hyundai to sell 1,000 hydrogen-powered trucks in Switzerland in five years
Hyundai Motor stated on Wednesday it is going to sell 1,000 hydrogen-powered trucks in Switzerland during the next five years through a new tie-up, betting the vehicles could defeat battery-powered models sold by those such as Tesla Inc. South Korea’s Hyundai and Japan’s Toyota are one of a handful of automakers doubling down on hydrogen
- Published in Hyundai
U.S. to investigate India’s Mahindra over Fiat Chrysler Jeep complaint
A U.S. regulator stated on Tuesday it would start an investigation into an off-road utility vehicle produced by Mahindra and Mahindra Ltd after a complaint by Fiat Chrysler Automobiles NV that it infringed upon the intellectual property rights of its Jeep design. The U.S. International Trade Commission (ITC) stated that it was starting a patent-related
Elliott Management calls for fresh restructuring at Hyundai Motor Group
U.S. activist hedge fund Elliott Management made new propositions to restructure Hyundai Motor Group on Friday, renewing pressure on the South Korean conglomerate months after forcing it to abandon its own strategy. Elliott, which owns $1.5 billion worth of shares in three Hyundai group companies, called for a committee to evaluate its proposals with other
- Published in Hyundai
Toyota prepares to recall 1 million hybrid models due to wiring issue
Toyota Motor stated on Wednesday it prepared to recall around 1.03 million vehicles, consisting its gasoline-hybrid Prius model, in Japan, North America, Europe and other regions due to a concern with the engine wire harness which can pose a fire risk. After a domestic recall announcement by Japan’s transport ministry, Toyota stated that in affected
- Published in Toyota
Hyundai to deliver China-made cars to Southeast Asia
Hyundai Motor prepares to ship China-made vehicles to Southeast Asia, its China joint venture and two people knowledgeable with the matter informed Reuters, as a plunge in Chinese sales has left a lot of its massive local manufacturing capacity idled. Hyundai once ranked third by China sales along with affiliate Kia Motors. But just as
- Published in Hyundai
Mahindra states Fiat Chrysler files patent complaint in U.S.
India’s Mahindra and Mahindra Ltd stated on Wednesday Fiat Chrysler Automobiles U.S. LLC submitted a patent violation complaint with the U.S. International Trade Commission against the firm. According to the complaint, certain design features of Mahindra’s off-road utility vehicle ROXOR infringed intellectual property rights of Jeep design of Fiat, Mahindra stated. Mahindra informed the complaint
- Published in Mahindra
Nissan to increase China production capacity by 40 percent
Japan’s Nissan Motor plans to spend about $900 million to increase vehicle-making capacity in China by 40 percent by 2021 – part of a 60 billion yuan ($8.73 billion) plan to become a top three player in the world’s largest vehicle market. Nissan and its Chinese joint-venture partner Dongfeng Group aim to spend approximately $900
- Published in Nissan