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Toyota, DENSO and SoftBank Vision Fund to Invest $1 Billion in Uber’s Advanced Technologies Group

Toyota, DENSO and SoftBank Vision Fund to Invest $1 Billion in Uber’s Advanced Technologies Group

April 18, 2019
SAN FRANCISCO and TOKYO (April 18, 2019) Toyota Motor Corp. (Toyota), DENSO Corporation (DENSO) and the SoftBank Vision Fund (SVF) announced today that they will invest $1 billion in Uber Technologies Inc.’s Advanced Technologies Group (Uber ATG). The investment, in a newly formed ATG corporate entity, aims to accelerate the development and commercialization of automated ridesharing services.

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Toyota Promotes Global Vehicle Electrification by Providing Nearly 24,000 Licenses Royalty-Free

Toyota Promotes Global Vehicle Electrification by Providing Nearly 24,000 Licenses Royalty-Free

April 03, 2019
TOYOTA CITY, Japan (April 3, 2019) With consideration for the amount of time, money and resources needed to develop sustainable mobility to help combat rising emissions and continuing to utilize currently available technology, Toyota Motor Corporation (Toyota) announced today two measures related to its patents and technical knowledge to further promote the widespread use of electrified vehicles.... more

SAE International, Ford, General Motors and Toyota Announce Formation of Consortium to Address Autonomous Vehicle Safety

SAE International, Ford, General Motors and Toyota Announce Formation of Consortium to Address Autonomous Vehicle Safety

April 03, 2019
SAE International, along with Ford, General Motors (GM) and Toyota today announced they are stepping forward to form the Automated Vehicle Safety Consortium™ (AVSC) that will work to safely advance testing, pre-competitive development and deployment of SAE Level 4 and 5 automated vehicles.... more

Toyota Motor North America Reports March 2019 Sales

Toyota Motor North America Reports March 2019 Sales

April 02, 2019
PLANO, Texas (April 2, 2019) – Toyota Motor North America (TMNA) today reported March 2019 sales of 214,947 vehicles, an increase of 0.1 percent on a daily selling rate (DSR) basis and a decrease of 3.5 percent on a volume basis versus March 2018.... more

Toyota Financial Services Announces New Chief Financial Officer

Toyota Financial Services Announces New Chief Financial Officer

April 02, 2019
PLANO, Texas, April 2, 2019 – Toyota Financial Services (TFS) today announced that Scott Cooke is assuming the role of chief financial officer effective immediately. Cooke first joined TFS in 2003 and has held a variety of leadership positions across the Toyota organization, most recently serving as group vice president of treasury, business intelligence, analytics and finance. In that role, Cooke led functions responsible for analytics, funding, capital and liquidity risk management, and treasury operations. Prior to that, Cooke served as group vice president and chief risk officer where he was responsible for establishing and implementing risk-based policies and risk-based metrics for TFS affiliates in Argentina, Brazil, Canada, Mexico, Puerto Rico, and Venezuela. Earlier in his career at Toyota, Cooke held a series of positions of increasing responsibility, including having served as corporate manager, product planning for North American Products at Toyota Motor Sales, USA, Inc.... more

March 2019 TMNA Sales Chart

March 2019 TMNA Sales Chart

April 02, 2019
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MIT, Stanford and Toyota Research Institute Use AI to Accurately Predict the Useful Life of Batteries

MIT, Stanford and Toyota Research Institute Use AI to Accurately Predict the Useful Life of Batteries

March 25, 2019
LOS ALTOS, Calif., March 25, 2019 – Wouldn’t it be nice if battery manufacturers could tell which of their batteries will last at least two years and sell those to mobile phone makers, and which will last for ten years or more and sell those to electric vehicle manufacturers? New collaborative research published today in Nature Energy shows how they could start doing that.... more

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