Toyota Motor Corporation General Manager of Intelligent Vehicle Development Ken Koibuchi speaks at the Toyota Advanced Safety Seminar, Wednesday, Sept. 4, 2014.
SAN DIEGO (Sept. 4, 2014) – Today Toyota joins renowned innovators, experts and influencers for AARP’s first-ever Ideas@50+ National Event & Expo at the San Diego Convention Center on Sept.
Filed under: Chrysler , Infiniti , Mazda , Toyota , Earnings/Financials , Fiat Chrysler will still be largely run out of its headquarters in Auburn Hills, MI, and Fiat will be based in Turin, Italy. Americans and Italians worried that two of their nation’s industrial icons – Chrysler and Fiat – are merging into a British/Dutch corporation with a blurred identity can rest a bit easier, even as an initial public stock offering looms as early as October. Chrysler will still be run mostly out of its headquarters in Auburn Hills, MI, and Fiat will be based in Turin, Italy. “Operationally, day-to-day operations will sit where they sit today,” Fiat Chrysler Automobiles CEO Sergio Marchionne said during an earnings announcement earlier this summer. The company will be incorporated in the Netherlands for tax purposes, and the board will meet in London, where unspecified parts of the firm’s “decision-making process” will take place. “Operationally, London will hold nothing, other than the decision-making process of FCA, meetings of the group executive council and some of the senior leaders will be residing there,” Marchionne said. Specifically, Richard Palmer, FCA’s chief financial officer and a native of Bath, England, will move to London. Still, Marchionne stressed the company’s move to London is more than symbolic, even if some functions are still unclear. “It’s a pretty permanent rooting of the organization in London in order to make sure that the machine runs,” he said. Continue reading Weekly Recap: Despite merger, Fiat and Chrysler will maintain local roots as stock offering looms Weekly Recap: Despite merger, Fiat and Chrysler will maintain local roots as stock offering looms originally appeared on Autoblog on Sat, 06 Sep 2014 11:00:00 EST.
WHITE PLAINS, N.Y.
Filed under: Sedan , Japan , Toyota Never heard of the Toyota Mark X ? That’s because the Japanese automaker only sells it in its home market (and in China as the Reiz). It’s a rear-drive (or all-wheel-drive) sports sedan about the size of a Lexus IS , whose existence is probably why Toyota will never bring the Mark X to North America. The current model has been on the market since 2009, but Toyota is rolling out a series of updates – including the new Yellow Label model pictured here. Available on the 250G, 250G Four and 250G S trim levels, the Yellow Label gets a special shade of Awaken Yellow paint (though it can be had in black, white or silver as well), with an interior decked out in either yellow or black. It also gets piano lacquer trim, yellow stitching, pink gold accents, special tread plates and other interior equipment upgrades, as well as a unique set of alloys. All of which makes the Toyota Mark X Yellow Label perfect for recreating scenes from Kill Bill without the need to squeeze into yellow leathers. (In fact we wouldn’t be surprised to see Toyota doing just that for a promo clip.) Power comes from a 2.5-liter V6 (and not the larger 3.5 available on the 350S model) channeled through a six-speed automatic to either the rear wheels or all four. Pricing ranges between 2.8 and 3.1 million yen (~$26-30k), representing a premium of about 106k yen ($1k) over non-yellow models. Toyota operates four distinct dealer networks in Japan, and the Mark X is sold through Toyopet stores.
ANN ARBOR, Mich. (September 4, 2014) – It’s not science fiction anymore. Toyota is putting the future of auto safety technology on display, including environment-mapping systems that can track objects on the road both day and night, 3D information displays that transform the ability to provide road information to drivers, and an advanced driving support system that will be available to U.S. customers in the mid-decade.
Lexus Releases Its Inner Coupe: Audaciously Energetic Design, Thrilling Performance and Unforgettable Luxury
WHITE PLAINS, N.Y. (Sept. 4, 2014)
Filed under: Technology , Toyota Toyota executives say the company’s primary focus is on safety. At least for the time being, that means the company won’t pursue development of a driverless car. Speaking at the company’s advanced safety seminar in Ypsilanti, MI, Thursday morning, Seigo Kuzumaki, Toyota’s deputy chief safety technology officer, said that Toyota envisions a future driving environment that optimizes the best of both humans and computers, not choosing one over the other. “Toyota’s main objective is safety, so it will not be developing a driverless car.” – Seigo Kuzumaki “Toyota’s main objective is safety, so it will not be developing a driverless car,” he said. While other companies like, say, Google , anticipate a driverless car future , Kuzumaki and other Toyota executives said they’re not sold on the fact driverless cars will be a marketable product to a wide base of consumers. Even if motorists were eager to accept such a hands-off driving approach, they’re not sure the technology is ready. “At this moment, it is difficult to realize the driverless car safely,” said Ken Koibuchi, head of Toyota’s intelligent vehicle division. “To realize driverless car at this moment, we need a very rich infrastructure.” The company said it is involved in 34 different projects with 17 partners, some of which are examining development of vehicle-to-infrastructure communication. At least for now, they believe the future holds a collaborative driving experience between humans and computers, one that means drivers won’t necessarily be tending to other tasks in their vehicles anytime soon. “I think Toyota’s approach is opposite of that,” said Kristen Tabar, a vice president at Toyota’s Technical Center.
ANN ARBOR, Mich. (Sept. 4, 2014) – With the goal of making tomorrow’s driving safer, Toyota’s Collaborative Safety Research Center (CSRC) announced that it is significantly expanding its mission to advance automotive safety research, with a new focus on the challenges and opportunities that evolving vehicle technologies will present over the next decade.
TORRANCE, Calif. (Sept. 3, 2014)