Toyota Motor Corporation and Woven by Toyota announced today “that to accelerate the implementation of software in social systems and vehicles, they intend to strengthen their relationship by making Woven by Toyota a wholly owned Toyota subsidiary.” (AutoInformed: Toyota’s Woven Capital Invests in Ridecell for Mobility Services)
In April of this year, Woven Planet Holdings, Inc. changed its name to Woven by Toyota, as it undertook a corporate reorganization. Toyota said that was because of its desire to realize software implementation in vehicles at an early stage and Woven by Toyota’s belief that development that is in step with customers’ needs is necessary for accelerating software implementation in society. As such, Woven by Toyota was reorganized, and it was decided that software development by Woven by Toyota would take the form of being outsourced from Toyota.
A review of the software development structure in the Toyota Group was announced this month. As a result, the three companies of Toyota, Woven by Toyota, and Denso will now strengthen collaborative efforts and are restructuring their organizations and human resources across all three companies “to enhance the value of mobility through a software-centered approach.” This is part of an ongoing industry trend to enhance competitiveness through services such as recharging and other connected car offerings.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
Woven by Toyota Now a Wholly Owned Toyota Subsidiary
Toyota Motor Corporation and Woven by Toyota announced today “that to accelerate the implementation of software in social systems and vehicles, they intend to strengthen their relationship by making Woven by Toyota a wholly owned Toyota subsidiary.” (AutoInformed: Toyota’s Woven Capital Invests in Ridecell for Mobility Services)
In April of this year, Woven Planet Holdings, Inc. changed its name to Woven by Toyota, as it undertook a corporate reorganization. Toyota said that was because of its desire to realize software implementation in vehicles at an early stage and Woven by Toyota’s belief that development that is in step with customers’ needs is necessary for accelerating software implementation in society. As such, Woven by Toyota was reorganized, and it was decided that software development by Woven by Toyota would take the form of being outsourced from Toyota.
A review of the software development structure in the Toyota Group was announced this month. As a result, the three companies of Toyota, Woven by Toyota, and Denso will now strengthen collaborative efforts and are restructuring their organizations and human resources across all three companies “to enhance the value of mobility through a software-centered approach.” This is part of an ongoing industry trend to enhance competitiveness through services such as recharging and other connected car offerings.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.