Archive · 29 Oct 2025
Toyota Denies Explicit $10 Billion Investment Promise to Trump
A boss at Toyota, a car company, talked to reporters.
He said that Toyota did not exactly promise to spend $10 billion in America, like the President had said.
The boss mentioned that Toyota already invests money and creates jobs in the United States and will keep doing so.
He was talking at a big car show in Japan.
Toyota executive Hiroyuki Ueda stated that the company did not explicitly promise a $10 billion investment in the US.
This statement follows President Donald Trump's announcement on Tuesday regarding a potential $10 billion investment by Toyota.
Ueda clarified that Toyota will continue to invest and create jobs in America.
The executive made these remarks on the sidelines of the Japan Mobility Show in Tokyo.
Toyota is a Japanese automaker.
- Who
- Toyota executive Hiroyuki Ueda
- What
- Stated that Toyota did not explicitly promise a new $10 billion investment in the United States, contrary to a statement made by President Donald Trump.
- When
- Wednesday
- Where
- On the sidelines of the Japan Mobility Show in Tokyo
- Why
- To clarify Toyota's investment commitments after President Trump's announcement.
- Company
- Toyota Motor
- Executive
- Hiroyuki Ueda
- Location of Statement
- Japan Mobility Show, Tokyo
- Date of Statement
- Wednesday