Post Tagged with: "Toyota"

Toyota Doubles Down on Blockchain Tech for Autonomous Vehicles

Toyota Doubles Down on Blockchain Tech for Autonomous Vehicles

May 23, 2017 at 9:20 am 0 comments

Toyota Research Institute launched a consortium yesterday to explore use-cases for blockchain in self-driving cars, signalling that this technology is “something worth exploring” within mobility, Chris Ballinger, the company’s chief financial officer and director of mobility services, told Auto Finance News. TRI partnered with MIT Media Lab and other industry players to create the digital environment. Blockchain technologyRead More

Getaround Aims to Develop On-Demand Maintenance Services

Getaround Aims to Develop On-Demand Maintenance Services

May 18, 2017 at 9:45 am 0 comments

SAN DIEGO — Getaround is preparing for an autonomous future by developing technology to enable its platform to provide on-demand maintenance services, Chief Financial Offer Adam Kosmicki said at Auto Finance Innovation 2017 yesterday. Getaround is the sharing access point for a vehicle, Kosmicki said. “We have built a technology platform where, in a lotRead More

Michelle Corson, founder and CEO of On The Road Lending with client Ericka Griffin (Photographer/John B. Sutton, Jr., Sutton Pictures) (PRNewsfoto/Toyota Motor North America)

Toyota Partners With Not-for-Profit to Help Scale Character-Based Lending

May 12, 2017 at 9:40 am 0 comments

Toyota Motor Co., through Toyota Social Innovation, formed a partnership with not-for-profit organization On the Road Lending — by providing three grants totaling over $1 million, the companies announced yesterday. Dallas-based On the Road Lending, formed in 2013, operates through a character-based lending model to help individuals build financial capability and then provide an affordable loanRead More

Will Getaround Expand Toyota Lease Incentive Program With $45MM Funding?

Will Getaround Expand Toyota Lease Incentive Program With $45MM Funding?

April 21, 2017 at 9:45 am 0 comments

Getaround plans to open up its peer-to-peer carsharing platform to five additional markets this year, including potentially New York, thanks — in part — to the $45 million it raised in Series C funding, Auto Finance News has learned. The expansions will mark 2017 as Getaround’s biggest expansion year, Jacqueline Tanzella, director of marketing communications atRead More

5 OEMs Using Virtual Reality to Change the Auto Market

5 OEMs Using Virtual Reality to Change the Auto Market

March 30, 2017 at 8:45 am 0 comments

When augmented and virtual reality first entered the consumer scene there was a lot of excitement behind its entertainment applications, particularly with video gaming. But as people have grown more familiar with the product, automakers are jumping on the bandwagon to explore the use-cases for both engineering and designing, as well asRead More

Toyota Mulls Carsharing Models for Autonomous Vehicles

Toyota Mulls Carsharing Models for Autonomous Vehicles

March 20, 2017 at 10:00 am 0 comments

Toyota Research Institute is looking into various opportunities within the mobility landscape, with an eye toward developing a rideshare service or subscription model that will make autonomous cars more affordable, said Ryan Eustice, vice president of autonomous driving at Toyota Motor Corp.’s Silicon Valley-based research facility. There are new opportunities when consideringRead More

Toyota Redesigning Autonomous Car Tech to Widen Driving Capabilities

Toyota Redesigning Autonomous Car Tech to Widen Driving Capabilities

March 15, 2017 at 9:05 am 0 comments

Toyota Research Institute is re-architecting the technology underlying the Guardian driver-assist system, to support Toyota’s autonomous cars with more capabilities to access a wider expanse of roadways, Auto Finance News has learned. Toyota unveiled its first autonomous car last week, a Lexus LS 600hL test vehicle equipped with LiDAR, camera arrays, and radar,Read More

Is Toyota Gearing Up to Crowdsource for Automated Driving?

Is Toyota Gearing Up to Crowdsource for Automated Driving?

February 22, 2017 at 1:07 pm 0 comments

Mobileye is clinching help from two major automakers to crowdsource data for the creation of the detailed maps needed for autonomous vehicles. And it seems other partnerships could be on the horizon this year. Toyota Research Institute hinted to Auto Finance News that more “cross-collaboration” partnerships can be expected, potentially with Toyota Motor Corp.Read More

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AutoGravity Expands to 46 States, Partners with Captives

January 25, 2017 at 10:43 am 2 comments

The California-based digital car buying company AutoGravity announced today that it’s now available in 46 states across the country. There are at least four lending partners available in each state where the platform is offered, the company told Auto Finance News. “You can expect multiple captive lenders and we’ll beRead More

CapOne to Provide Floorplan Revolvers in Tennessee

CapOne to Provide Floorplan Revolvers in Tennessee

August 9, 2016 at 12:57 pm 0 comments

Capital One announced today that it will provide floorplan revolvers totaling $14 million to two Honda dealerships located in Tennessee, both owned by the Hudson Automotive Group. The lender also provided a $2.6 million term loan to Hudson Automotive Group’s holding company, Hudson ET Holdings, according to a CapOne press release. TheRead More

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