Toyota and technology investment firm Softbank on Thursday agreed to join forces in developing a new mobility company that will offer a variety of services including automated delivery and ride hailing. The new company, to be called Monet Technologies, will be established before the end of 2018 with a 50.25-percent ownership by Softbank and the…Toyota and Softbank form Monet mobility company, plan autonomous services
Toyota and technology investment firm Softbank on Thursday agreed to join forces in developing a new mobility company that will offer a variety of services including automated delivery and ride hailing. The new company, to be called Monet Technologies, will be established before the end of 2018 with a 50.25-percent ownership by Softbank and the…
This car is a time-capsule. In 1964, Rudy Zvarich purchased a Volkswagen Beetle from the Gilbert and Seibel dealership in Vancouver, Washington. The plan was to use it as a backup for his 1957 Beetle. So Zvarich put the car into storage until the time came to use it. That never happened, and now 54 years later the essentially factory fresh Bug is…
A Jeep Renegade plug-in hybrid will join the brand’s portfolio in early 2020, parent automaker Fiat-Chrysler Automobiles confirmed on Monday. The Melfi manufacturing plant in Italy has begun preparing for the electrified Renegade variant as part of FCA’s wider electrification strategy. The automaker said the Renegade plug-in will be built…