Tag Archives: United

Toyota to launch 'talking' vehicles in United States in 2021
April 16, 2018 6:04 pm|Comments (0)

WASHINGTON (Reuters) – Toyota Motor Corp (7203.T) plans to start selling U.S. vehicles that can talk to each other using short-range wireless technology in 2021, the Japanese automaker said on Monday, potentially preventing thousands of accidents annually.

Toyota Motor’s logo is pictured at the 45th Tokyo Motor Show in Tokyo, Japan October 27, 2017. REUTERS/Kim Kyung-Hoon

The U.S. Transportation Department must decide whether to adopt a pending proposal that would require all future vehicles to have the advanced technology.

Toyota hopes to adopt the dedicated short-range communications systems in the United States across most of its lineup by the mid-2020s. Toyota said it hopes that by announcing its plans, other automakers will follow suit.

The Obama administration in December 2016 proposed requiring the technology and giving automakers at least four years to comply. The proposal requires automakers to ensure all vehicles “speak the same language through a standard technology.”

Automakers were granted a block of spectrum in 1999 in the 5.9 GHz band for “vehicle-to-vehicle” and “vehicle to infrastructure” communications and have studied the technology for more than a decade, but it has gone largely unused. Some in Congress and at the Federal Communications Commission think it should be opened to other uses.

In 2017, General Motors Co (GM.N) began offering vehicle-to-vehicle technologies on its Cadillac CTS model, but it is currently the only commercially available vehicle with the system.Talking vehicles, which have been tested in pilot projects and by U.S. carmakers for more than a decade, use dedicated short-range communications to transmit data up to 300 meters, including location, direction and speed, to nearby vehicles.

The data is broadcast up to 10 times per second to nearby vehicles, which can identify risks and provide warnings to avoid imminent crashes, especially at intersections.

Toyota has deployed the technology in Japan to more than 100,000 vehicles since 2015.

The U.S. National Highway Traffic Safety Administration (NHTSA) said last year the regulation could eventually cost between $ 135 and $ 300 per new vehicle, or up to $ 5 billion annually but could prevent up to 600,000 crashes and reduce costs by $ 71 billion annually when fully deployed.

NHTSA said last year it has “not made any final decision” on requiring the technology, but no decision is expected before December.

Last year, major automakers, state regulators and others urged U.S. Transportation Secretary Elaine Chao to finalize standards for the technology and protect the spectrum that has been reserved, saying there is a need to expand deployment and uses of the traffic safety technology.

Reporting by David Shepardson; Editing by Jeffrey Benkoe

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United Technologies Will Buy Rockwell Collins for $30 Billion
September 5, 2017 12:43 am|Comments (0)

Jet-engine maker United Technologies Corp has agreed to would buy aircraft parts manufacturer Rockwell Collins Inc for $ 30 billion, including debt, the companies said.

Under the deal, Rockwell shareholders will receive $ 140 per share in stock and cash, split between $ 93.33 in cash and $ 46.67 in United Tech stock, the companies said in a statement.

The offer represents an 18 premium to Rockwell’s closing share price on Aug. 3, the day before media reported that UTC was weighing a bid for Rockwell.

Under the deal, the companies said that Rockwell Collins and UTC’s aerospace systems segment will be combined to create a new business unit named Collins Aerospace Systems.

“This acquisition adds tremendous capabilities to our aerospace businesses and strengthens our complementary offerings of technologically advanced aerospace systems,” UTC’s chairman and chief executive officer, Greg Hayes, said in the statement.

“Together, Rockwell Collins and UTC Aerospace Systems will enhance customer value in a rapidly evolving aerospace industry by making aircraft more intelligent and more connected,” he said.

The deal, which includes $ 7 billion in Rockwell’s debt, is expected to save more than $ 500 million by the fourth year after its completion, the companies said.

Morgan Stanley & Co LLC was the financial adviser to United Tech and Wachtell, Lipton, Rosen & Katz was its legal adviser.

J.P. Morgan Securities LLC and Citigroup Global Markets Inc were Rockwell’s financial advisers, while Skadden, Arps, Slate, Meagher & Flom was its legal adviser.

Reporting by Yashaswini Swamynathan in Bengaluru; editing by Leslie Adler.

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United States Cloud Computing Stack Layers Market Present Scenario and Growth Prospects 2017
July 30, 2017 10:20 pm|Comments (0)

“United States Cloud Computing Stack Layers Market Professional Survey Report 2017” Purchase This Report by calling ResearchnReports.com at …


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Analysts Expect United Online to Announce $0.13 Earnings Per Share (NASDAQ:UNTD)
February 20, 2016 6:05 am|Comments (0)

The Communications segment provides Internet access services and devices, including dial-up, mobile broadband, digital subscriber line (NASDAQ:UNTD), e-mail, Internet security, Web hosting, and voice services. The Content & Media segment offers social …


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Fair Parade Treats from NBU Will benefit The United Way
December 21, 2015 12:55 am|Comments (0)

The posts on this comments board are strictly the opinions of the individual poster and do not necessarily reflect the opinions of the owner of this website, the webhosting service, New Braunfels Communications, Inc., d/b/a KGNB-AM and KNBT-FM radio, …


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