Toyota, Mazda link arms on EVs
Toyota and Mazda have formed a partnership to develop electric vehicles. Automotive components company Denso is the third party in the joint venture with the mission to develop basic structural technologies for EVs.
Americans count the cost of hurricane-damaged vehicles
Up to 900,000 vehicles in the United States were damaged during Hurricane Irma and Harvey. The two storms ravaged the southern United States in recent months, with between US$2.7 and US$4.9 billion worth of automotive damage, Fortune.com reports.
Research shows most Americans use ride-hailing services
A new survey has found 89% of Americans use ride-hailing services, with Uber the most popular brand. The ReportLinker research shows 97% of respondents had heard of Uber, followed by Lyft with 75% of mentions and Zip Car at 45%.
Prince William meets McLaren team
The team at McLaren Automotive in Woking, England have been honoured with a royal visit.
Jaguar latest manufacturer to go electric
Jaguar Land Rover has announced all of its vehicles will be electrified by 2020. It will offer customers a mix of mild hybrid, plug-in hybrid and pure electric vehicles. “Every new Jaguar Land Rover model line will be electrified from 2020, giving our customers even more choice.
Toyota steps up to help Hurricane Harvey victims
Toyota Motor North America, Toyota Financial Services, The Friedkin Group, Gulf States Toyota along with Toyota and Lexus dealers have partnered together in an effort to help those impacted by Hurricane Harvey.
Pickles encourages innovation
Pickles Ventures is looking to launch the automotive company into new and exciting spaces. A $10 million fund will be used to focus on helping startups that align with Pickles' goals get going, startupdaily.com reports.
AHG profit takes big hit
Automotive Holdings Group’s net profit has taken a tumble, dropping 38% to $55 million for the year ending June. However, the result comes as no surprise after the company issued a warning about the situation during a trading update in May.
Koreans confirm Hyundai ute, for US
Hyundai Motor in Seoul, South Korea, has confirmed a pick-up utility vehicle will make it into showrooms, in the United States. Reuters reports Hyundai US vice president of corporate and product planning, Michael J.
Kiwi team wins Mercedes Hack My Van contest
Teams from both sides of the Tasman went head to head in Mercedes-Benz Vans’ Hack My Van contest, with a group of Kiwis coming out on top.