Toyoda Gosei – a Toyota Group company manufacturing rubber and plastic automotive components – is setting up a corporate venture capital department, specifically to invest in start-ups and accelerate innovations. Effective from January 2019 with a three-billion yen budget through till December 2020, this is said to enable it to act flexibly and quickly to commercialize Read More..
Fiat Chrysler (FCA) and Google will jointly test self-driving vehicles, allowingÂ the US-Italian carmaker to catch up in an area where it has beenÂ seen to be lagging competitors. FCA said Google’s self-driving test program will later Â this year be expanded to include its new Chrysler Pacifica Hybrid minivan. FCA engineers will work closely with Google to Read More..
Fiat Chrysler (FCA) recalled 1.4 million vehicles in the US following a report on the wired.com web site that two hackers had successfully manipulated the in-car systems of a Jeep Cherokee. FCA said the voluntary recall will update software, which “insulates connected vehicles from remote manipulation.” Wired reported earlier that the two computer experts had Read More..