Tag Archive: self-drive

Toyota Facing Competition From Google in Self-Driving Car Market

  3 years ago          Leave your thoughts  

Toyota and a number of other Japanese car-makers risk losing out in the race towards autonomous driving as the likes of Google enter the self-driving car market. Analysts warn that Toyota could find itself in a similar situation to Sony, Sharp and Panasonic, which lost their lead in consumer devices to Apple and Samsung, who made speedy advances to make new gadgets available at a cheaper price. “Japan’s electronics industry, which prided itself on its unique manufacturing prowess, ultimately lost its competitiveness,” says Takaki Nakanishi, a former Merrill Lynch analyst who now runs his own research group. “The same thing…

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