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Toyota Says It Did Not Explicitly Promise Trump New $10 Billion Investment in US

Toyota denied a recent $10 billion US investment pledge claimed by President Trump, attributing the figure to past commitments during his first term, while affirming ongoing job creation.

  • Toyota has not confirmed a $10 billion investment in U.S. operations mentioned by President Donald Trump.
  • Toyota executive Hiroyuki Ueda stated that while the company will continue investing in the U.S., the $10 billion figure was not specifically promised.
  • Trump claimed that Toyota would establish auto plants across the country, indicating a major investment in the U.S.
  • Toyota reiterated its commitment to U.S. manufacturing, highlighting its principle of building where it sells and buying where it builds.
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Top-selling automaker confirms U.S. investment, but no details yet

(The Center Square) – The world's top-selling automaker said it plans to continue investing in U.S. operations but wouldn't confirm on Wednesday that it will be $10 billion, as President Donald Trump had announced.

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U.S. News broke the news in New York, United States on Tuesday, October 28, 2025.
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