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-Fitch Ratings: Toyota, Honda Still Positioned to Compete in New Technologies

Oct 11, 2018 - ENP Newswire

The recent investments by Honda and Toyota in autonomous-driving technology ventures with GM and SoftBank, respectively, highlight an increasing shift in business models away from pure-play conventional car manufacturing towards providing mobility services, Fitch Ratings says.

Both companies are well-positioned to compete for the leadership in new technologies despite their slower start compared with some rivals. Nevertheless, traditional cars will continue to dominate the companies' sales...