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var digg_url = 'http://digg.com/autos/Toyota_s_Gonna_Make_Jets'; Now that its ground offensive has taken control of the battlefield, word comes that Toyota's field commanders might have an eye toward the skies. That's right: Toyota is reportedly considering an offer from Mitsubishi Heavy Industries to get into the aircraft business. MHI would like to see Toyota invest in a new passenger jet project, which, if it goes forward, would set up an aerial dogfight with the HondaJet, which is already

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A report in Japan's Asahi Shimbun newspaper states that Toyota and Fuji Heavy Industries (Subaru's parent) are mulling over the possibility of jointly developing what many have been referring to as the successor to the classic AE86. The entry-level sports car would be branded as a Toyota but would feature a FHI-sourced boxer engine of 2.0 liters or less underhood. As far as pricing, the goal would be to keep the car at ¥2,000,000 or lower. Asahi says that the car would target a 2010 release

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