A traveling toy having a plurality of steering front wheels and a plurality of rear wheels being connected with a driver, and a suspension of traveling toy in which a trailing arm having one end part supported rotatably at the upper part of a supporting wall standing from the chassis of the traveling toy at one end thereof, a first central hole part for passing a hollow tubular section projecting from the chassis through a specified interval from the supporting wall, a spring part interposed while being energized between a threaded part on top of the hollow tubular section and the end part of the first hole part, and a second hole part opening in the horizontal direction at the other end part serves to pass the axle of rear wheels through the second hole part thus absorbing a shock transmitted from the axle through the spring.