06.11.2015 - Toyota is investing 1 billion in the development of the autopilot
The largest automaker in the world Toyota has said it will invest $ 1 billion in the center that will work on the development of autonomous driving. The Institute will be located in Silicon Valley. This amount will be invested over five years, but its size may increase if necessary. Slowing economic growth in China have a negative impact on the attractiveness of the company, but on the other hand falling price of the Japanese yen maintain stable sales growth. We expect growth of quotations of the company by 25-30% per annum in the medium term.