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Toyota invests $50m in autonomous cars
- 08/09/2015
- 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 [...] -
Nissan invests £100m in UK car plant
- 03/09/2015
- 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 [...] -
Takata sees profit despite global recalls
- 06/08/2015
- Posted by: Simon Wait
- Category: News
Japanese car parts manufacturer Takata saw a 3 billion yen (£15.4m) net profit in the three months to June, compared with a 38.65bn 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 [...] -
Ferrari to float on stock exchange
- 08/07/2015
- 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 (£7.1bn) 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 [...]
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