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

ACA premiums projected to rise 26% in 2026, far above U.S. inflation

ACA premiums projected to rise 26% in 2026, far above U.S. inflation

By Tom JoyceThe Center Square Affordable Care Act health insurance premiums are expected to rise about 26% in 2026, the biggest increase in eight years and much higher than overall...
Michigan law firm sued over alleged racial bias in diversity scholarships

Michigan law firm sued over alleged racial bias in diversity scholarships

By Elyse ApelThe Center Square Two groups have sued a Michigan law firm for operating scholarships they allege are “racially discriminatory.” Do No Harm, a national anti-DEI policy advocacy group,...

WATCH: Libertarian concerns persist as IL Sec of State announces IDs for Apple Wallet

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Digital IDs have gone live in Illinois, but libertarians say the move makes it easier for governments...
Illinois quick hits: Pritzkers meets the Pope; Broadview to close street outside ICE facility

Illinois quick hits: Pritzkers meets the Pope; Broadview to close street outside ICE facility

By Jim Talamonti | The Center SquareThe Center Square Pritzkers meets the Pope Gov. J.B. Pritzker says it was an honor for he and the first lady to meet with...
DHS launches new initiative to crack down on student visa fraud

DHS launches new initiative to crack down on student visa fraud

By Bethany BlankleyThe Center Square The U.S. Department of Homeland Security has launched a new initiative to crack down on student visa fraud. It’s launched a new online tool through...
'Ghost projects' haunt power grid planners and taxpayers

‘Ghost projects’ haunt power grid planners and taxpayers

By Lauren Jessop | The Center Square contributorThe Center Square (The Center Square) – As the country braces for a surge in electricity demand driven by large energy users like...
WATCH: $10M campaign finance fine dropped; Digital ID unveiled, Chicagoans speak up

WATCH: $10M campaign finance fine dropped; Digital ID unveiled, Chicagoans speak up

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop reviews actions taken...
ICE, Border Patrol agents experience historic surge of vehicular attacks this year

ICE, Border Patrol agents experience historic surge of vehicular attacks this year

By Bethany BlankleyThe Center Square A surge in targeted vehicular attacks against U.S. Immigration and Customs Enforcement and Border Patrol officers have occurred this year “driven by hateful rhetoric from...
Poll: Americans support eliminating Department of Education

Poll: Americans support eliminating Department of Education

By Esther WickhamThe Center Square A new national poll reveals strong American voter support for eliminating the U.S. Department of Education. The survey by the nonprofit Yes. Every Kid Foundation,...
Exclusive: Nonprofit leader urges fight against 'woke capitalism'

Exclusive: Nonprofit leader urges fight against ‘woke capitalism’

By Andrew RiceThe Center Square A bill designed to protect the United States' court system from foreign influence is too broad, according to Trent England, director of the nonprofit Save...
As pennies disappear, businesses turn to hoarding, rounding

As pennies disappear, businesses turn to hoarding, rounding

By Brett RowlandThe Center Square Americans can continue to spend pennies, but few businesses are giving them back as the coin's 232-year run comes to an end. Some businesses have...
Chicago tax proposals draw concern over legality, 'economic death spiral'

Chicago tax proposals draw concern over legality, ‘economic death spiral’

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago Mayor Brandon Johnson’s allies have launched a seven-figure campaign to support his 2026 budget proposal, but...
Illinois quick hits: Former governor proposes millionaire's surcharge; digital state ID launched

Illinois quick hits: Former governor proposes millionaire’s surcharge; digital state ID launched

By Jim Talamonti | The Center SquareThe Center Square Former governor proposes millionaire's surcharge Former Gov. Pat Quinn is pushing for a state constitutional amendment requiring Illinois millionaires to pay...
Louisiana Rep. Clay Higgins defends Epstein 'no' vote

Louisiana Rep. Clay Higgins defends Epstein ‘no’ vote

By Natalie ChandlerThe Center Square LouisianaRepublican Rep. Clay Higgins of Lafayette, the only U.S. House of Representatives lawmaker who voted against releasing documents associated with convicted sex offender Jeffrey Epstein...
U.S. Senate passes bill to release Epstein files, heads to Trump's desk

U.S. Senate passes bill to release Epstein files, heads to Trump’s desk

By Andrew RiceThe Center Square The U.S. Senate on Tuesday agreed to pass a bill by unanimous consent requiring the U.S. attorney general to release all documents related to convicted...