Toyota company headlines, earnings, strategy, leadership, and market-moving business updates.
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The automaker said U.S. deliveries totaled 212,793 vehicles in June, a double-digit increase versus the prior year on a volume basis and a mid-single-digit gain on a daily selling-rate basis.
THE APEX TIMES
THE APEX TIMES
A market report says Joby Aviation is teaming with Toyota on a new manufacturing venture, a move that investors appeared to bid up early Monday.
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The automaker says it is teaming up with Joby Aviation to develop air taxis, a move that underscores growing interest in electric vertical takeoff and landing aircraft as part of future mobility.
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The carmaker and eVTOL startup said the new venture will start by building an advanced, efficient manufacturing operation for air taxis.
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Market coverage tied the rally in Joby Aviation to a fresh strategic venture involving Toyota, as investors weigh whether automaker backing could accelerate the path to commercial electric air-taxi operations.
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Toyota Motor’s global sales fell for a fourth consecutive month in May 2026, according to a market report, with declines concentrated in China and the Middle East.
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The planned new company will give Toyota exclusive rights to produce Joby Aviation’s S4 aircraft as the air-taxi startup scales toward commercial service.
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In an explainer posted to its U.S. newsroom, Toyota compares common engine layouts such as four-cylinder, V6, and V8, emphasizing that the differences are not just about size.
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Joby Aviation (JOBY) rose about 7% following news that Toyota Motor Corp. will partner on manufacturing for the company’s electric aircraft, underscoring automakers’ growing push into air mobility.
