BMW, Toyota and Boeing among eight companies racing to put first ‘flying car’ on the market
The future is now. Popular car manufacturers, including Honda, Hyundai and BMW, are racing to launch a new flight model for a new trip to the market on take -off clients. The new category of the aircraft is called EVTOL. This is the initials of “Electric vertical take -off and landing”, referring to the vehicle […]
Toyota announces move into rocket launches at CES 2025 with $45M investment
Toyota Motor Corporation is investing about $45 million to enter the space industry, and insists it's not just “one car company” considering a rocket launch. On Monday, during CES 2025, a major technology trade show in Las Vegas that brings together the latest equipment, Chairman Akio Toyoda announced that the automaker will invest $44.4 million, […]
Toyota plans to make over $44 million investment in rocket company
See what's being clicked on FoxBusiness.com. Toyota's mobility subsidiary will invest $44.3 million in the Japanese rocket company. Rocket company Interstellar Technologies (IST) will receive Toyota's multi-million dollar investment “by the first close” of its Series F financing, the rocket company announced Tuesday. The company also announced a “business partnership” with Toyota Motor Corporation. IST […]
Toyota, Ford and General Motors join sprint to donate millions to Trump’s inauguration fund
Christmas came early for President Trump. Auto companies and other CEOs are rushing to donate millions of dollars to the president-elect's inaugural fund before Trump, 78, enters the Oval Office on January 20. Toyota Motor Corporation was the last to hand over cash. Representatives for the Japan-based automaker confirmed in a statement to the Post […]
Toyota to donate $1 million to Trump inauguration
Toyota Motor North America will provide $1 million for President-elect Trump's inauguration. A Toyota spokesperson confirmed Tuesday the inaugural donation to The Hill. Toyota, along with Ford and many other companies, has pledged large sums of money to President Trump's inauguration. Ford is reportedly donating $1 million. Last week, Meta and Amazon turned over seven-figure […]
Toyota, Jeep, and the big emissions scam
impossible! That's what Jack Hollis, Toyota North America's chief operating officer, calls the requirement in California and 16 other states that 35% of 2026 model year vehicles be zero-emission or electric vehicles. California also added a 68 cents per gallon tax that goes into effect at the beginning of the year. The state is making […]
Toyota Ditches Woke Corporate Policies
Toyota Motor Corporation announced Thursday that it will no longer sponsor LGBTQ parades and events, and will no longer engage in efforts to promote diversity, equity and inclusion (DEI). Toyota told employees it would no longer participate in the Human Rights Campaign's Corporate Equality Index or other corporate surveys. Instead, we will “focus our community […]
Toyota follows Ford in scrapping DEI policies after facing backlash
Toyota Motor Corporation plans to distance itself from DEI and LGBTQ-friendly events after facing recent online controversy, according to a new report. reported by bloomberg The company sent a memo to its U.S. employees Thursday saying they would “curtail community activities in line with STEM education and workforce readiness” and would no longer participate. Human […]
Toyota Invests $500 Million in Electric Air Taxi Startup
Toyota is reportedly doubling its investment in electric air taxi developer Joby Aviation with a new $500 million funding round. The auto giant seems to think the future of urban travel lies in small planes flying between skyscrapers. tech crunch report Toyota announced it will invest an additional $500 million in California-based electric air taxi […]
Toyota has a data dilemma after hackers leak 240GB of customer information
A threat actor has leaked Toyota customer data on a dark web forum. The files shared by the hackers contained 240GB of data, including contacts, financial information, emails, and more. The company acknowledged the breach but later retracted it, claiming it was not a data breach and that the data had been stolen from a […]