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.
37 Articles
37 Articles
Toyota says it did not explicitly promise Trump new $10 billion investment in US
Japan's Toyota Motor did not explicitly promise a new $10 billion investment in the United States, a senior executive said on Wednesday, a day after President Donald Trump mentioned a potential investment of that size.
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.
'Didn't specifically say that': Toyota debunks Trump's claim of major investment
President Donald Trump's claims that Japanese car giant Toyota was going to set up factories "all over" the United States "to the tune of over $10 billion" have been thoroughly debunked, according to a Wednesday report in the Guardian.A senior executive at Toyota – the world’s largest automaker – said that "no such explicit promise of investment at that level had been made."The firm held talks with Japanese and American officials ahead of Trump’…
Toyota says it did not explicitly promise Trump new $10-B US investment
TOKYO — Japan’s Toyota Motor did not explicitly promise a new $10 billion investment in the United States, a senior executive said on Wednesday, a day after President Donald Trump mentioned a potential investment of that size.
Trump Claims Toyota Promised $10B Investment in US — But Automaker Says Not So Fast
President Donald Trump proclaimed on Tuesday that Toyota has pledged to invest $10 billion in the U.S., but the Japanese automaker is pumping the brakes. Trump said at least twice on Tuesday that the automaker would be investing $10 billion to open new factories in several states after he met with “Mr. Toyota” in Japan. “Yesterday I was with Mr. Toyota in Japan, and he just announced he is going to spend — they are going to spend $10 billion and…
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