• Toyota invests $50m in autonomous cars

    • 8 September 2015
    • Posted by: Simon Wait
    • Category: News
    Toyota is making a major investment into developing intelligent and self-driving vehicles alongside two leading US universities Over the next five years, Toyota Motor Corporation will invest approximately $50 million (about £32 million) in establishing joint research centres at both Stanford and the Massachusetts [...]
    read more

  • Nissan invests £100m in UK car plant

    • 3 September 2015
    • Posted by: Simon Wait
    • Category: News
    Five years after inventing the small crossover, Nissan today announces a new generation Nissan Juke is slated for production in the UK The estimated £100m investment is a further endorsement of the quality of output from the Sunderland plant, and a statement of Nissan’s intention to remain the undisputed [...]
    read more

  • Takata sees profit despite global recalls

    • 6 August 2015
    • Posted by: Simon Wait
    • Category: News
    Japanese car parts manufacturer Takata saw a 3 billion yen (£154m) net profit in the three months to June, compared with a 3865bn yen loss a year earlier The company has been at the centre of a huge global recall over faulty airbags it supplied to numerous car companies The airbags have been linked to six [...]
    read more

  • Ferrari to float on stock exchange

    • 8 July 2015
    • Posted by: Simon Wait
    • Category: News
    Italian supercar creator Ferrari is expected to float on the stock market at the end of the year It will have a value of ‘at least’ €10bn (£71bn) when it is floated, according to Sergio Marchionne, chief executive of Fiat Chrysler, the luxury marque’s owner The chief executive and architect behind the [...]
    read more