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Toyota invests $50 million in US AI research
The world’s largest car manufacturing company, Toyota, has announced an investment of $50 million in joint artificial intelligence research centers at the Massachusetts Institute of Technology and Stanford University.
The research will focus on social benefits such as how to make cars safer and how to enhance people’s quality of life through enhanced mobility and robotics, especially among the...
Toyota to pay $1.1bn to settle safety lawsuit, as it seeks to regain goodwill
Toyota, the third largest carmaker in the US market, has settled a US lawsuit that blames the company for defects in the speed control system in its vehicles. The class action has been the biggest safety crisis in the Japanese company’s history.
The key accusation is that millions of Toyota cars accelerate unintentionally, with the proposed settlement set to cover economic losses from possible safety...
Japan's ambassador to China dies amid rising anti-Japanese protests
Chinese demonstrators carry anti-Japan banners and shout slogans during a protest over the Diaoyu islands issue, known as the Senkaku islands in Japan, in Wuhan.
The Japanese ambassador to China died in a Tokyo hospital after being admitted three days earlier. His death coincides with an escalation in anti-Japanese protests across China over a territorial dispute.
The cause of ambassador Shinichi Nishimiya’s...
Toyota says 270,000 vehicles have faulty engines
Toyota Motor Corp. said Thursday about 270,000 cars sold worldwide, including luxury Lexus sedans — have potentially faulty engines, the latest quality lapse to hit the automaker following massive global recalls of top-selling models.
Japan’s top-selling daily Yomiuri said in its evening edition that Toyota will inform the transport ministry of a recall on Monday. The paper cited no sources.
Toyota...
Volkswaggen overtakes Japanese Toyota as World's Largest Automaker
Volkswagen Group has displaced Toyota for the first time as the world’s largest car manufacturer in terms of production. The German carmaker produced 4.4 million vehicles in the first nine months of the year, overtaking its Japanese rival by 400,000 units, consulting firm IHS Global Insight said on Wednesday.
Volkswagen Group owns a variety of models such as Skoda and Seat and high-end lines...