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Toyota Launches New Investment Arm to Drive Innovation and Growth

Toyota announced the establishment of Toyota Invention Partners (TIP), a wholly owned investment subsidiary with about $670 million in capital. The Japanese automaker stated that TIP would support...

Boeing Awarded $173 Million Air Force Helicopter Deal

Boeing announced that it received a $173 million contract from the U.S. Air Force to make eight additional MH-139A Grey Wolf helicopters. The latest deal follows a $178 million contract for seven ...

General Motors Forecasts $1.6B Loss as EV Strategy Overhaul Takes Shape

General Motors announced that it expects to take a $1.6 billion hit next quarter due to changes to U.S. government policies that discontinued electric vehicle consumer tax incentives and are seeki...

Thomasa Top 5: How Stellantis Is Supercharging U.S. Auto Production with a $13B Bet

Video TranscriptStellantis has announced its largest single investment in company history, a $13 billion plan to expand U.S. production by 50% across four states. This effort is set to create over...