Toyota sees the partnership as an opportunity to get Grab to buy more of its cars and to push services like insurance and maintenance. Photo: Ramesh Pathania/MintToyota Motor Corp., Asia’s biggest carmaker, is preparing for a potential future where people don’t buy cars. That will help Toyota offer services like insurance and maintenance to the drivers through its connected-vehicle system, he said. In Japan, Tomoyama says Toyota can leverage its existing rental-car business as a basis for offering additional services. The Toyota executive sees Uber’s Advanced Technologies Group—where it conducts its autonomous driving research—as essential to its corporate value, and said both companies have high expectations for the other’s software.

Source: Mint September 27, 2018 04:18 UTC