Toyota’s next CEO isn’t an engineer, a product visionary or a car guy. He’s a numbers guy. An operations specialist. The automaker announced Friday (Feb. 6) that its current chief financial officer, Kenta Kon, will be promoted to CEO, effective April 1. In another era,...
Take a look at the agenda for the upcoming Consumer Electronics Show if you want to see where agentic AI is headed. Said agenda is loaded up this year with keynotes and use cases from the manufacturing sector. While consumer-facing use cases get a lot...
Autonomous vehicle startup Applied Intuition has reportedly raised $600 million in new funding. The financing more than doubles the company’s valuation to $15 billion, Bloomberg News reported Tuesday (June 17) ahead of a formal announcement. Applied Intuition, the report notes, works with 18 of the world’s biggest carmakers —...
Alphabet’s Waymo autonomous vehicle division is exploring a collaboration with Toyota to develop an autonomous vehicle platform that would bring self-driving technology to personally-owned cars. The partnership, which would also include Toyota’s innovation arm Woven by Toyota, would accelerate the development of autonomous and driver-assisted...
December 29, 2025
Take a look at the agenda for the upcoming Consumer Electronics Show if you want to see where agentic AI is headed. Said agenda is loaded up this year with keynotes and use cases from the manufacturing sector. While consumer-facing use cases get a lot of the headlines, the manufacturing sector could be the key […]
April 04, 2025
There are days when a plunge in the markets clears the air, and when sweeping global policy changes — from the top down, via the office of the president —...
January 14, 2025
The U.S. government’s impending ban on certain car parts from China and Russia, particularly those critical for connectivity and vehicle autonomy, is raising concerns across the automotive industry. Automakers, including...
January 07, 2025
Autonomous vehicles (AVs) are emerging as a use case for artificial intelligence, with Nvidia announcing partnerships with carmakers to develop self-driving technology using its hardware and software platform. “The AV...
February 18, 2026
Apple is reportedly expanding its car keys wallet feature with carmaker Toyota launching support for the tool. According to a report Tuesday (Feb. 17) from Apple-focused news website 9to5Mac, the tech giant had named 13 new carmakers who had signed on to add the car key feature soon. Now, Toyota has apparently been added to that list, the report said, citing a […]
June 17, 2025
Autonomous vehicle startup Applied Intuition has reportedly raised $600 million in new funding. The financing more than doubles the company’s valuation to $15 billion, Bloomberg News reported Tuesday (June 17) ahead of a formal...
November 20, 2023
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 misconduct. The auto-financing arm of...
October 02, 2023
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 necessity,” replacing vehicles that are...