Consumers know Lexus vehicles for their long tradition of smooth-riding sedans and plush utility vehicles that are at home at the country club, fine hotels and trendy urban eateries. But how about at the track?
Toyota is working to get back on track and accelerate growth in China where VW, GM and local manufacturers such as Geely Automobile Holdings are strengthening their presence with lineups featuring plug-in vehicles.
Four Toyota Motor Corp group companies are forming a joint venture to develop software that manages brakes, steering and other components for automated driving. Aisin and Denso are also creating a separate joint venture to develop and sell electrification driving modules, targeting China.
Toyota has completed its biggest study of how occupants of autonomous vehicles might react in crashes. The question matters because people in self-driving cars could need a host of new safety technologies to protect them.
Four Toyota Motor Corp. group firms will form a joint venture to combine self-driving technologies to better compete with automotive component giants such as Bosch Group, the Nikkei business daily reported.
Keeping experienced and talented technicians is important to a dealership's bottom line. Southeast Toyota estimates a dealership must spend nearly $5,000, not including the cost of lost work hours, to bring a technician up to the level of master tech.