Khosrowshahi, who took over Uber a year ago, has recently explored options that include more partnerships as well as a potential sale of the self-driving business, separate sources have told Reuters. The self-driving unit is a significant contributor to Uber's losses, which in the second quarter were $891 million. … [Read more...] about Toyota To Invest $500 Million In Uber For Self-Driving Cars
Toyota
Toyota, SoftBank Team Up To Develop Self-Driving Car Services
It has been developing a service called "e-Palette" based on this concept. Amazon.com Inc (AMZN.O), Didi, Uber and Pizza Hut are early partners in the project, and Toyota has said it plans to use the service to ship athletes and guests around during the 2020 Tokyo Olympics. … [Read more...] about Toyota, SoftBank Team Up To Develop Self-Driving Car Services
Toyota to Recall 2.4 Million Hybrid Cars Worldwide for Stalling Risk
The recall applies to some Toyota Prius and Auris hybrids made from October 2008-November 2014. The vehicles were involved in an earlier recall that did not fix the previously unanticipated problem that is being addressed now, the company said in a statement. … [Read more...] about Toyota to Recall 2.4 Million Hybrid Cars Worldwide for Stalling Risk
SC refuses to revoke Delhi ban on big cars of Toyota, Mercedes asking “are your vehicles emitting oxygen?”
According to the companies the new cars comply with the latest emission standards, which is BS-IV. However, the maximum cars plying on city roads do not conform to the prevailing emission norms and that they were one of the major contributors to the alarming levels of pollutants in the Capital. BS-IV compliant vehicles only constitute 24 per cent of the total number of diesel vehicles registered in the NCR. … [Read more...] about SC refuses to revoke Delhi ban on big cars of Toyota, Mercedes asking “are your vehicles emitting oxygen?”
Ford, Nissan, Toyota Fined For Engaging In Unfair Trade Practices [Read Order]
Upon perusing the documents in the case of appeal filed by the companies, the tribunal held that these companies had acted in violation of Section 3(4) (b), (c) and (d) of the Act on account of imposing restrictions through agreements and practices on original equipment suppliers (OES) by restricting them from selling spare parts, including technical manuals, diagnostic tools etc., in the aftermarket, including to the independent repairers, and to the authorised dealers, restricting them from sourcing spare parts from OESs and from selling spare parts to independent repairers, thereby, refusing to deal with the latter. … [Read more...] about Ford, Nissan, Toyota Fined For Engaging In Unfair Trade Practices [Read Order]
