NEWS

Toyota’s Profits Surge on Currency, Cost Cutting, U.S. Tax Cut

2/6/2018

Toyota Motor Corp.’s net income in October-December jumped 93% to 942 billion yen ($8.6 billion), thanks to cost cutting, favorable exchange rates and lower U.S. corporate taxes.

Study Shows 37% of Buyers in S.E. Asia Open to EVs

2/6/2018

Two in five new car buyers in southeast Asia would consider a hybrid or full-electric vehicle for their next purchase, according to Frost & Sullivan.

Mercedes to Add Electric Sprinter Van

2/6/2018

Daimler AG’s Mercedes-Benz unit is planning an all-electric version of its redesigned Sprinter commercial van.

Fujitsu Readies Enhanced Cybersecurity System

2/6/2018

Japan’s Fujitsu Ltd. says it has developed a more precise and reliable cybersecurity technology that minimizes false positive results.

GM Ties Full-Year Record Operating Profit

2/6/2018

General Motors Co. reports an adjusted operating profit of $12.8 billion in 201, matching the record high set by the company in 2016.

Chinese EV Startup Partners with Aurora on Self-Driving Tech

2/6/2018

Nanjing, China-based Future Mobility Corp.’s Byton brand is partnering with Aurora Innovation Inc. on autonomous driving technologies for the electric vehicles the carmaker is developing.

Hyundai Tests Self-Driving Fuel Cell Vehicles

2/6/2018

Hyundai Motor Co. says five specially equipped test vehicles, including three fuel cell-powered models, were driven autonomously 190 km (118 miles) from Seoul to Pyeongchang last weekend in South Korea.

Car Production in Thailand Headed for 5-Year High

2/6/2018

Car manufacturing in Thailand will grow less than 1% this year. But that should be enough to reach 2 million units for the first time since 2013.

VIEWPOINT | HOW MICHIGAN CONNECTS MOBILITY STARTUPS AND THE AUTO INDUSTRY

2/6/2018

The state of Michigan is helping mobility-related startups launch their businesses and connect with potential carmaker and supplier customers through an innovative new program called the PlanetM Landing Zone.

Porsche Doubles Investment in Electrification to €6 Billion

2/6/2018

Porsche AG plans to spend more than €6 billion ($7.4 billion) by 2022 to develop and introduce plug-in hybrid and all-electric vehicles—twice the size of the previous budget.