Buying Lyft’s self-driving unit speeds Toyota’s software mission

“Woven Planet really needs to grow in order to be able to fulfill that mission and that mandate.”

Kuffner, the American computer guru who also sits on Toyota Motor’s board, is tasked with making the world’s biggest automaker as strong in software as it is in hardware. The goal is rooted in the new conventional wisdom that future value in the auto industry will come not necessarily from manufacturing vehicles but from selling the software and services that support them.

That business formula was the path of other industries, such as the mobile phone business, where handset makers were relegated

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Toyota’s acquisition of Lyft’s self-driving unit bolsters its automation ambitions

Lyft has logged more than 100,000 paid autonomous trips on its platform, mostly in Las Vegas through its partnership with Motional, a joint venture between Hyundai and Aptiv.

The company said the deal with Woven Planet is non-exclusive and that it remains committed to existing partners including Google’s Waymo, and is on track to hit a 2023 goal of allowing customers to use its app to hail driverless cars.

Toyota currently offers Level 2 automation with advanced driver assistance technology. The automaker has other self-driving projects and has been working closely with ride hailing companies. It owns

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GM’s Cruise unit to deploy robotaxis in Dubai from 2023

DETROIT — General Motors’ majority owned Cruise self-driving car subsidiary said on Monday it plans to begin deploying its robotaxis in Dubai beginning in 2023, in a deal that signals the company is more confident about launching its first commercial service in San Francisco before then.

Dubai’s Road and Transit Authority and Cruise said in a joint statement that Cruise will deploy a limited number of its purpose-built Cruise Origin vehicles in the emirate in 2023, making Dubai the first city outside the United States where Cruise will operate. By 2030, Cruise and Dubai’s transit authority said they plan to

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Why Daimler plans rename itself Mercedes-Benz, spin off truck unit from cars

Daimler plans to split up into the world’s largest makers of luxury cars and commercial vehicles, renaming itself Mercedes-Benz and separately listing its truck unit by year end.

The plan to distribute a majority of Daimler Truck to shareholders is the most significant shakeup CEO Ola Kallenius has made since taking over the top job at the German giant almost two years ago.

The spinoff will appease investors who long advocated for the move, citing a stubbornly low valuation for the group company. While Daimler recently tweaked its corporate structure to give more independence to its main divisions, it was

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