Toyota Motor Corp. News

Texas Judge Finalizes $200M-Plus Award in Lexus Defects Case

A final judgment upholds a jury award of more than $200 million to a Dallas-area family against Toyota over what they alleged were defective front seats in their Lexus sedan. State District Judge Dale Tillery entered the final judgment on …

Toyota Eyes Future When People Don’t Buy Cars, Pushing Ride-Hailing Ties, Insurance

Toyota Motor Corp., Asia’s biggest carmaker, is preparing for a potential future where people don’t buy cars. That’s behind the hefty investments that the company has made in ride-hailing providers, most prominently the $1 billion that it poured into Southeast …

Finding Toyota Negligent in Accident, Texas Jury Awards $242M to Family

A Texas jury awarded damages of $242 million to a Dallas family after finding that defects in the family’s Lexus sedan caused injuries to their two children during a rear-end collision, the law firm representing the plaintiffs said on Friday. …

Toyota Launching App-Controlled Car-Sharing in Hawaii

Toyota Motor Corp. launched a Honolulu, Hawaii car-sharing service that enables customers to use smartphones to unlock and start cars for rent by the hour or day. It’s the latest service offered by an automaker that competes with ride-hailing and …

Toyota’s $1B Investment in Ride-Hailer Grab Opens Door to Data-Driven Insurance

By pumping $1 billion into ride-hailing firm Grab, Toyota Motor Corp. stands to gain a passenger-side view of tens of thousands of cars across Southeast Asia, tracking how fast they drive, how far they travel and the time they spend …

Arizona Sees No Need to Tighten Rules on Self-Driving Cars After Uber Fatality

Arizona officials said on Tuesday they saw no immediate need to tighten rules on the testing of self-driving cars in the state in reaction to a fatal accident involving an Uber autonomous vehicle that has focused attention on the safety …

Israeli Firm Among Those Seeing Profit in Telematics Data

The road to profits is paved with good data. Every hour, a modern car processes about 25 gigabytes of information — the equivalent of about seven full-length high-definition movies — on everything from engine temperature and tire pressure to what’s …

Kobe Steel Can Expect Spate of Lawsuits for Its 10 Years of False Data

Kobe Steel Ltd.’s legal problems are just beginning in wake of the company’s disclosure that it falsified data for years about the durability of aluminum and copper used in airplanes, trains and vehicles. The Japanese company, which supplies many of …

Toyota Makes Strategic Investment in Grab, SE Asia’s Leading Ride-Sharing Firm

Toyota Motor Corp. is pushing deeper into the ride-sharing business. The Japanese carmaker is making a strategic investment in Grab, Southeast Asia’s leading ride-hailing operator, and said it will work with the company to provide services in Southeast Asia. Toyota …

Apple, Tesla Want California to Toughen Proposed Self-Driving Car Test Rules

Apple Inc. urged California to toughen up its proposed policy on testing self-driving cars, a move that would result in more public data that could help Apple catch up to rivals in the self-driving space by giving it a better …