Toyotsu Automotive Creation Signs a Business Agreement with USS, the Largest Used Vehicle Auction Provider
- The First Installation of the UVeye's Vehicle Inspection System in Japan -

  • (former)Global Parts & Logistics

2020-02-21

Toyotsu Automotive Creation Corporation (TAC), a wholly-own subsidiary of the Toyota Tsusho Corporation (Toyota Tsusho), signed a business agreement with Japan's largest used vehicle auction provider, USS Co., Ltd. (USS) on installation of undercarriage and wheels imaging system from UVeye, Ltd. (UVeye) of Israel, for which Toyota Tsusho holds sales rights. Trial use of the system will take place in April 2020 at USS's auction site in Nagoya.

The UVeye system is a unique system which detects vehicle's anomalies within a few second by 1) scanning and creating 3D images of the undercarriage, body and wheels and then 2) conducting AI-based image analysis. Installation of the UVeye system will increase efficiency of the vehicle inspection, which is commonly done by man in regular practice.

With the trial system operation, USS will obtain high resolution images of vehicles from the system and provide to USS auction members. Based on the results of the trial system operation, TAC and USS will discuss further about installation of the system to USS's 19 auction sites nationwide.

Additionally, TAC and USS will jointly evaluate and discuss about installation of whole UVeye vehicle inspection system including AI-based image analysis to increase efficiency in vehicle inspection.

Center: Dai Seta, President and Representative Director, Chief Operating Officer, USS Co., Ltd.
Right: Futoshi Horisaki, Division COO, Global Parts and Logistics Division, Toyota Tsusho Corporation
Left: Yoshiyuki Murai, President, Toyotsu Automotive Creation Corporation



Undercarriage imaging unit
Undercarriage image
Tires and wheels image

Overview of USS Co., Ltd.

Company name
USS Co., Ltd.
Location
Tokai-shi, Aichi Prefecture, Japan
Established
1980
Capital
JPY 18,881 million
Employees
Full-time employees: 597; part-time employees: 102 (As of September 30,2019)
Representatives
Chairman and Representative Director, Chief Executive Officer : Yukihiro Ando
President and Representative Director, Chief Operating Officer : Dai Seta
Business description
Management of used vehicle auction

Overview of UVeye Ltd.

Company name
UVeye Ltd.
Location
Tel Aviv, Israel
Established
2016
Capital
US$35 million
Employees
102 (As of September 30,2019)
Representatives
CEO & Co-Founder Amir Hever
Business description
Development of automatic anomaly detection systems and diagnostic services for vehicles utilizing AI

Overview of Toyotsu Automotive Creation Corporation

Company name
Toyotsu Automotive Creation Corporation
Location
Nagoya, Aichi Prefecture, Japan
Established
2009
Capital
JPY 10 million
Employees
134 (As of April 1,2019)
Representatives
President Yoshiyuki Murai
Business description
Development and sales of automotive genuine parts & genuine accessories

The information in this release is current as of the date of announcement.
Please note that information may change after the date of announcement. Thank you in advance for your understanding.