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

Casey Council Meeting.2

Casey City Council Awards Sidewalk Contract, Approves Utility Rate Increases

The Casey City Council unanimously approved awarding a $62,502 sidewalk construction contract to Wallace Concrete at Monday's meeting, accepting the low bid from among several proposals reviewed by city staff....
Casey Council Meeting.1

Utilities Chief Announces December Retirement; Police Department Adds Officer

Casey Utility Superintendent Shelby Biggs announced at Monday's city council meeting that he will retire on December 31, 2025, ending his tenure overseeing the city's water, sewer, and electric operations....
City Council Meeting Briefs.Purple

Casey Council Meeting Briefs

July 4th Planning Begins: City Clerk Jeremy Mumford reminded the council that planning for the 4th of July celebration needs to begin soon. Mayor Mike Nichols asked the Downtown Improvement/Festivals...
Casey Westfield School Board.1

Casey-Westfield Board Approves Major Technology Upgrades, Facility Improvements

The Casey-Westfield School Board approved significant technology and facility upgrades totaling more than $76,000 during Monday's meeting, while also addressing multiple personnel changes as the district prepares for summer construction...
Casey Westfield School Board.2

Casey-Westfield Students Excel in Academics and Community Service

Casey-Westfield students demonstrated exceptional achievement across multiple areas while participating in unique educational experiences and community service initiatives, according to administrator reports from Monday's board meeting. High school students received...
Casey Westfield School Board.3

SCHOOL BOARD MEETING BRIEFS

Summer Construction Planned: Major facility improvements begin after Memorial Day, with cafeterias closed June 2-17 for asbestos abatement and Agriculture/Industrial Arts Building without power for electrical upgrades. State Track Qualifiers:...
Casey Westfield School Board.2

Casey-Westfield School Board Reorganizes Leadership, Seats New Member

The Casey-Westfield School Board completed its post-election reorganization Monday evening, maintaining current leadership while welcoming new member Mike Fouty and establishing committee assignments for the coming term. The organizational meeting...
Casey Westfield School Board.3

SCHOOL BOARD BRIEFS

Election Results Certified: The April 1 school board election results were officially certified, with Mike Fouty joining as the new member after receiving 282 votes for a four-year term. Leadership...
Casey Council Meeting.1

Casey Completes $498,279 Housing Rehabilitation Grant Project

The City of Casey successfully completed a nearly half-million dollar housing rehabilitation program that brought nine homes up to code and assisted 19 low-to-moderate income residents, officials announced during a...
City Council Meeting Briefs.Blue

CITY MEETING BRIEFS

Grant Administration Success: The Coles County Regional Planning & Development Commission successfully administered the $498,279 housing rehabilitation grant with 100% of funds reaching qualifying low-to-moderate income households. No Resident Displacement:...
Casey Westfield School Board.3

Casey-Westfield Board Approves $100,000+ in Technology and Facility Upgrades

The Casey-Westfield School Board approved more than $100,000 in technology purchases and facility improvements during Monday's meeting, while also addressing administrative cost limitations and preparing for new board member transitions....
Casey Westfield School Board.1

Casey-Westfield Students Excel in Academics and Community Service

Casey-Westfield students demonstrated exceptional achievement across academic competitions, community service, and educational experiences, according to administrator reports presented during Monday's board meeting. High school students showcased academic excellence through multiple...
Casey Westfield School Board.2

SCHOOL BOARD MEETING BRIEFS

Bond Funds Secured: The Series 2025 HLS Bonds closed April 15 with proceeds deposited at Casey State Bank and fully collateralized, advancing facility improvement projects. Board Transition Pending: New board...
Casey Council Meeting.1

Casey Council Approves Major Equipment Purchase, Awards Tree Removal Contracts

The Casey City Council authorized the purchase of a $191,537.50 hydro-vac truck and awarded contracts totaling more than $40,000 for tree and stump removal projects during Monday's meeting, while also...
Casey Council Meeting.2

Casey Committee Maintains Chicken Ban, Advances Planning Initiatives

Casey city committees addressed livestock regulations and economic development planning during meetings held before Monday's council session, with decisions that will affect both residential regulations and long-term community growth. The...