trending Market Intelligence /marketintelligence/en/news-insights/trending/lcpd5yvur5tmror_wmcvdq2 content esgSubNav
In This List

Toyota halts self-driving car testing after Uber crash

Case Study

A Sports League Maximizes Revenue from Media Rights

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Essential IR Insights Newsletter Fall - 2023

Case Study

A Corporation Clearly Pinpoints Activist Investor Activity


Toyota halts self-driving car testing after Uber crash

Toyota Motor Corp. has paused autonomous-car testing on U.S. public roads after Uber Technologies Inc.'s self-driving car struck and killed a woman in Tempe, Ariz., Bloomberg News reported March 20.

The Japanese automaker feels the incident may have an "emotional effect" on its test drivers, the news outlet reported citing an emailed statement by Toyota spokesman Brian Lyons.

Lyons told Bloomberg that Toyota's self-driving unit, Toyota Research Institute, does not have "first-hand information on the tragic traffic fatality."

According to a recent report, Uber is in talks with Toyota to sell its self-driving technology.