Toyota considers entering aircraft industry

[Shiba-Kun]

Wednesday March 5, 8:56 AM
Toyota considers entering aircraft industry: official


TOKYO (AFP) - Japan's Toyota Motor, which is widely expected to overtake General Motors this year as the world's top-selling automaker, is considering entering the aircraft industry, a spokeswoman said Wednesday.

Toyota may put up funds to a company to be set up by Mitsubishi Heavy Industries for its passenger jet project, Toyota spokeswoman Kayo Doi said.

"Mitsubishi Heavy has invited us to invest (in the venture) and we are considering it," she said, while adding nothing has been decided yet.

The comment came after a report Wednesday in the Asahi Shimbun daily which says Toyota plans to put up 10 billion yen (97 million dollars) in the venture to be set up in April.

Mitsubishi has been developing small passenger airplanes under its Mitsubishi Regional Jet project.

[divinewisdom]

why not?

Honda already has jet engines, Vtech style.

[dodolaje]

Originally Posted by divinewisdom

why not?

Honda already has jet engines, Vtech style.

So Toyota going to make jet engine MIVEC style? or VTIi style?

[ThirdLane]

Originally Posted by divinewisdom

why not?

Honda already has jet engines, Vtech style.

Honda builds jet planes. The engines are made with cooperation with GE