Toyota

CFPB Fines Toyota Motor Credit $60 Million for Illegal Practices
CFPB Fines Toyota Motor Credit $60 Million for Illegal Practices
November 20, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) ordered Toyota Motor Credit to pay a $60 million fine for engaging in illegal lending practices and credit reporting...

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Car Sales Climb as Drivers Finally Retire Older Vehicles
Car Sales Climb as Drivers Finally Retire Older Vehicles
October 02, 2023  |  Economy

American consumers may not want new cars, but they apparently need them. As Bloomberg News reported Monday (Oct. 2), car buyers are visiting dealerships “out of sheer...

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Mapbox Raises $280 Million to Expand AI-Driven Location Features
Mapbox Raises $280 Million to Expand AI-Driven Location Features
September 19, 2023  |  artificial intelligence

Mapbox, a location platform, has secured a $280 million investment in a Series E funding round to support the expansion of its platform in the...

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US Car Sales Hit Lowest Level in 10+ Years
US Car Sales Hit Lowest Level in 10+ Years
January 04, 2023  |  Economy

When carmakers release their 2022 sales figures this week, they’re unlikely to bring good news. Across the industry, American auto sales are projected to be...

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Toyota Apologizes For Breach of User Info
Toyota Apologizes For Breach of User Info
October 07, 2022  |  Security & Fraud

The world’s biggest carmaker on Friday (Oct. 7) apologized for a breach apparently caused by a third-party vendor that is thought to have leaked close...

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Today in the Connected Economy: Stripe Helps Toyota Streamline Car Repairs
Today in the Connected Economy: Stripe Helps Toyota Streamline Car Repairs
July 26, 2022  |  Connected Economy

Today in the connected economy, Toyota works with payments company Stripe on a program that lets auto repair shops trade used equipment and tools, electric vehicle...

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Toyota Taps Stripe to Help Auto Repair Shops
Toyota Taps Stripe to Help Auto Repair Shops
July 26, 2022  |  Partnerships

Toyota has teamed up with Stripe on a program designed to simplify repairs for auto shops while also reducing their carbon footprint. “The challenge for...

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Automakers Add Biometrics to Make Sure Motorists are Healthy, Happy
Automakers Add Biometrics to Make Sure Motorists are Healthy, Happy
July 01, 2022  |  Transportation

A growing number of automotive suppliers are developing technologies that use a variety of sensors and software to monitor the well-being of drivers and passengers...

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AI Brings Your Car Into the Conversation
AI Brings Your Car Into the Conversation
June 27, 2022  |  Technology

Just a few years ago, drivers using voice assistants in vehicles would have to know the commands and say them in a robotic way. For...

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