21 Jul '18, 9am

#Toyota Motor Corporation, Toyota Motor North America to absorb Toyota InfoTechnology Center

Toyota Motor Corporation (TMC) will absorb the research and development functions of its wholly owned subsidiary, Toyota InfoTechnology Center (ITC Japan) into its in-house Connected Company by March 2019. It also plans to absorb the research and development functions of Toyota InfoTechnology Center, USA (ITC USA), a wholly owned subsidiary of ITC Japan, into Toyota Motor North America (TMNA). As the development of automated driving technologies and the roll-out of businesses related to mobility services continues to gain momentum, this decision fits with TMC’s drive to speed up the development and application of ever-better services based on connected technologies to meet the needs of customers more closely. TMC established ITC Japan and ITC USA in partnership with other related companies in 2001 with the objective of constructing a new value chain. The new companies were...

Full article: http://www.greencarcongress.com/2018/07/20180720-tmc.html

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