-
Recent Posts
- Hyundai Claims EV Altitude Change Record
- Annals of Marketing – Honda Prelude Returns as Hybrid
- Greetings from the White House Diplomatic Reception Room
- Ram ProMaster Diesel Engines – CARB Fines FCA $4.2M
- Volkswagen Settles – Union Jobs Safe Until 2030
- GAC Honda Automobile Plant Starts Making EVs
- Hyundai to Give Free NACS DC EV Adapters
- Nissan and Honda Sign Integration MOU!
- 2025 Corvette ZR1 – 2.3 Seconds 0-60 MPH
- EU Car Sales Weak Again in November
- Supply Chain Resilience – U.S. DOT Four-Year Review
- CarMax FY Q3 Net Profit Up 1.2%
- Toyota to Get $4.5M in Fed Funding for EV Batteries
- California Advanced Clean Cars II Regs – EPA Grants Waivers!
- Clean Air Act – Power Performance Enterprises Fined
Recent Comments
- US Auto Sales Forecast Trump Bump or Bumpy 25? | AutoInformed on Trump Presidency Effects on Auto Industry – All Bad?
- Lisa Jacobson on Fossil Fuel Phase Out or Cop Out at COP28?
- Stellantis on Carlos Tavares Out as Stellantis CEO
- NHTSA Fines Ford $165M for Flouting Recall Law | AutoInformed on Ford Recalls Defective Rear-view Cameras on 620,246 Vehicles
- Alfa Romeo Returns to Formula 1 in 2018 via Sauber on Alfa Romeo Returns to Formula 1 in 2018 via Sauber
Archives
Meta
Get intelligent commentary on the automobile business and its economic and social effects. Stay informed with AutoInformed.
Ride and Cost Sharing: Toyota, DENSO and SoftBank Vision Fund Invest $1 Billion in Uber’s Advanced Technologies Group
The investment, in a newly formed ATG corporate entity, aims to accelerate the development and commercialization of automated ridesharing services. Under the terms, Toyota and DENSO will together invest $667 million and SVF will invest $333 million, valuing the new Uber ATG entity at $7.25 billion on a post-money basis. Continue reading →