12-02-2019, 08:29 AM
Toyota's efforts to stay relevant:
https://www.japaninc.com/tt979_Toyota-la...-lost-time
Last week Toyota made the latest in a string of press announcements
that show how seriously the company is taking multiple threats to its
current top-3 position in the global auto market. It announced that
one of its subsidiaries had set itself the goal of developing a
"supercomputer-on-wheels" self-driving vehicle ready to demonstrate at
the Tokyo Olympics one year from now. The subsidiary company, called
"Toyota Research Institute Advanced Development" (TRI-AD), already has
500 employees and a cash pile of JPY300bn invested by Toyota itself
and two large suppliers - Aisin Seiki and Denso. TRI-AD expects to
have over 1,000 employees by the end of the year.
[...]
https://www.japaninc.com/tt979_Toyota-la...-lost-time
Last week Toyota made the latest in a string of press announcements
that show how seriously the company is taking multiple threats to its
current top-3 position in the global auto market. It announced that
one of its subsidiaries had set itself the goal of developing a
"supercomputer-on-wheels" self-driving vehicle ready to demonstrate at
the Tokyo Olympics one year from now. The subsidiary company, called
"Toyota Research Institute Advanced Development" (TRI-AD), already has
500 employees and a cash pile of JPY300bn invested by Toyota itself
and two large suppliers - Aisin Seiki and Denso. TRI-AD expects to
have over 1,000 employees by the end of the year.
[...]