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ARTICLE · 19 FEBRUARY 2020

Musk Needs Apple's Margins, VW's Sales To Justify Tesla Value

Toyota Motor Corp will ramp up production at its new Mexican plant to 100,000 vehicles a year by 2021, marking a major step to shift production of its popular Tacoma

CanadaTransport

TOYOTA TRUCK PRODUCTION

Toyota Motor Corp will ramp up production at its new Mexican plant to 100,000 vehicles a year by 2021, marking a major step to shift production of its popular Tacoma pickup truck to Mexico from the United States, the company said on Thursday. The plant in the central state of Guanajuato, along with an older facility near the U.S. border, will bring Toyota’s Mexican production to 266,000 trucks a year when at full capacity, the company added.

Source: Reuters

NHTSA ALLOWS NURO TO DEPLOY DRIVERLESS DELIVERY VEHICLES

In a first-of-its-kind approval by U.S. regulators, the National Highway Traffic Safety Administration on Thursday gave permission for autonomous vehicle startup Nuro Inc. over the next two years to deploy up to 5,000 low-speed electric delivery vehicles without human controls like mirrors and steering wheels. The rollout of the R2 vehicle will take place in Houston, with plans for it to deliver items like pizza and groceries.

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