With the aim of promoting the joint research and development of artificial intelligence technologies in mobility-related fields, Toyota Motor Corporation (TMC) has decided to invest in Preferred Networks Inc. (PFN). The investment will amount to 1 billion yen, and Toyota will receive stock in PFN through the allocation of new shares to a third party as of December 30, 2015.
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Toyota Motor Corporation announces today its 2016 sales and production plans, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd., as shown below.
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Subaru has announced a recall of more than 3,200 Legacy and Outback vehicles from the 2016 model year. The recall stems from a manufacturing flaw that could allow the driveshaft to separate from the differential. Sound familiar? That's because it's nearly identical to the problem underlying last week's recall of the Hyundai Genesis. However, while...
Subaru has announced a recall of more than 3,200 Legacy and Outback vehicles from the 2016 model year. The recall stems from a manufacturing flaw that could allow the driveshaft to separate from the differential. Sound familiar? That's because it's nearly identical to the problem underlying last week's recall of the Hyundai Genesis. However, while...
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