Top-selling automaker confirms U.S. investment, but no details yet

Top-selling automaker confirms U.S. investment, but no details yet

Spread the love

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.

Trump said Toyota would invest $10 billion in the U.S. earlier this week on his trip to Asia. But that figure has been under question since then.

“I was just told by the prime minister that Toyota is going to be putting auto plants all over the United States to the tune of $10 billion,” Trump told troops aboard the USS George Washington on Tuesday.

He even encouraged service members to go out and buy a Toyota, a departure from his usual support for U.S. automakers.

“During the first Trump administration, I think the figure was roughly around $10 billion, so while we didn’t say the same scale, we did explain that we’ll keep investing and providing employment as before,” Toyota executive Hiroyuki Ueda told reporters in Japan, according to multiple media reports. “So, probably because of that context, the figure of about $10 billion came up.”

Toyota officials told The Center Square on Wednesday that more details would come.

“As we’ve done for 68 years, Toyota will continue to invest in U.S. operations, staying true to our principle of building where we sell and buying where we build,” the company said in a statement. “This effort aligns with President Trump’s emphasis on growing investment and manufacturing in America and underscores our enduring commitment to U.S. manufacturing, supply chains, jobs, and customers. More details will follow soon.”

Leave a Comment





Latest News Stories

Judge expands restraining order against 'Beto' O’Rourke, adds ActBlue

Judge expands restraining order against ‘Beto’ O’Rourke, adds ActBlue

By Bethany BlankleyThe Center Square A judge has expanded a temporary restraining order against former U.S. Rep. Robert (Beto) O’Rourke and his organization, Powered by People, as well as ActBlue...
Exec Cmte 8.14.25.2

Executive Committee Members Decry Roadside Litter, Call for Action Against Garbage Haulers

Article Summary: Will County Executive Committee members expressed frustration over what they described as a worsening problem of litter blowing from garbage trucks across the county. Members called for better...
Reversing Biden’s precedent, students complete FAFSA in minutes at beta-testing event

Reversing Biden’s precedent, students complete FAFSA in minutes at beta-testing event

By Tate MillerThe Center Square President Donald Trump’s Department of Education is working to restore the student aid FAFSA form after the Biden administration made what should be a couple-minute...
Trump, Zelenskyy to meet Monday in steps toward peace with Russia

Trump, Zelenskyy to meet Monday in steps toward peace with Russia

By Sarah Roderick-FitchThe Center Square Following a “successful” meeting in Alaska with Russian President Vladimir Putin, President Donald Trump said he is going straight for a “peace agreement” in a...
Possible 'agreement' reached in Trump-Putin meeting; more discussion likely

Possible ‘agreement’ reached in Trump-Putin meeting; more discussion likely

By Morgan SweeneyThe Center Square It appears an “agreement” was reached in the Friday meeting between Russian President Vladimir Putin and American President Donald Trump, but the nature of that...
WATCH: Gun rights supporters celebrate 9th Circuit’s ruling against CA gun rationing law

WATCH: Gun rights supporters celebrate 9th Circuit’s ruling against CA gun rationing law

By Carleen JohnsonThe Center Square Gun rights supporters are celebrating what they call a significant victory after the 9th Circuit Court of Appeals issued a mandate on Thursday overturning California’s...
Feds sue California over emission standards for trucks

Feds sue California over emission standards for trucks

By Jamie ParsonsThe Center Square The U.S. Department of Justice is suing California to stop what it calls “unlawful” emission standards for heavy-duty trucks. The California Air Resources Board is...
Illinois quick hits: 'Lawsuit inferno' bill takes effect after Pritzker signed 267 measures Friday

Illinois quick hits: ‘Lawsuit inferno’ bill takes effect after Pritzker signed 267 measures Friday

By Jim Talamonti | The Center SquareThe Center Square 'Lawsuit inferno' bill takes effect Gov. J.B. Pritzker has signed legislation which led the American Tort Reform Association to label Illinois...
WATCH: UW-authored study on surgery times contradicts CMS basis for reimbursement cuts

WATCH: UW-authored study on surgery times contradicts CMS basis for reimbursement cuts

By Carleen JohnsonThe Center Square New findings published in the Journal of the American College of Surgeons contradict the Centers for Medicare & Medicaid Services, or CMS, claim that surgery...
State defends gun ban district court ruled unconstitutional

State defends gun ban district court ruled unconstitutional

By Greg Bishop | The Center SquareThe Center Square (The Center Square) − Ahead of oral arguments over Illinois’ gun ban in the federal appeals court, attorneys for the state...
Trump aiming for ceasefire, world awaiting news from Putin summit

Trump aiming for ceasefire, world awaiting news from Putin summit

By Morgan SweeneyThe Center Square President Donald Trump is meeting with Russian President Vladimir Putin in Alaska Friday in the hopes of negotiating a ceasefire or initial steps toward peace...
Pritzker acts upon 269 bills, vetoes 2, signs 'lawsuit inferno' measure

Pritzker acts upon 269 bills, vetoes 2, signs ‘lawsuit inferno’ measure

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – In a Friday announcement of the status of 269 bills, Gov. J.B. Pritzker has signed legislation which...
Report: average American to receive $3,752 tax cut in 2026 due to OBBBA

Report: average American to receive $3,752 tax cut in 2026 due to OBBBA

By Thérèse BoudreauxThe Center Square The White House is touting a new economic analysis that estimates taxpayers will see an average $3,752 tax cut in 2026, due to provisions in...
Republican, Dem work to prevent deportation of entrepreneur

Republican, Dem work to prevent deportation of entrepreneur

By Chris WoodwardThe Center Square It is not every day that people on opposite sides of the political spectrum join forces, but that is exactly what Lisa Everett and Brent...
Nevada superintendent says ICE won't enter schools

Nevada superintendent says ICE won’t enter schools

By Liam HibbertThe Center Square The superintendent of the nation's fifth-biggest school district said U.S. Immigration and Customs Enforcement agreed to not conduct raids or arrests in schools in Las...