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.”

Events

No events

Leave a Comment





Latest News Stories

Pritzker: Fair maps in Illinois would be 'disarming' to Democrats

Pritzker: Fair maps in Illinois would be ‘disarming’ to Democrats

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker says Democrats would be “disarming” if they agreed to fair maps state by...
States sue over Victims of Crime Act grant funding

States sue over Victims of Crime Act grant funding

By Elyse Apel | The Center SquareThe Center Square (The Center Square) — Colorado Attorney General Phil Weiser has joined a 20-state coalition and Washington, D.C., suing the Trump administration...
Illinois quick hits: COVID fraud indictments issued; man sentenced for mailing fentanyl

Illinois quick hits: COVID fraud indictments issued; man sentenced for mailing fentanyl

By Jim Talamonti | The Center SquareThe Center Square COVID fraud indictments issued A federal grand jury has indicted four Chicago-area individuals accused of fraudulently obtaining millions of dollars in...
WATCH: Illinois In Focus Daily | Thursday Aug. 21st, 2025

WATCH: Illinois In Focus Daily | Thursday Aug. 21st, 2025

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 shares comments from...
solar panels photovoltaics in solar farm

Will County P&Z Approves Crete Solar Farm, Overruling Township’s General Opposition

Article Summary: The Will County Planning and Zoning Commission recommended approval for a new commercial solar farm in Crete Township, moving the project forward despite being informed by staff of...
P&Z 8.19.25

Will County Board Approves Controversial Recovery Retreat in Crete Township Amid Strong Resident Opposition

Article Summary: The Will County Planning and Zoning Commission approved a special use permit for a long-term residential recovery program on a 68-acre horse farm, despite vocal opposition from Crete...

Will County P&Z: Green Garden Township Variances Granted in Monee

Roy F. Erikson received unanimous approval for two variances for his property at 26409 S. 80th Avenue in Monee. The Will County Planning and Zonning Commission approved reducing the minimum...

Will County P&Z: Manhattan Township Rezoning Approved

The Will County Planning and Zonning Commission unanimously approved a map amendment for a vacant property on South Kankakee Street in Manhattan Township. The request, brought by James and Julie...
Planning & Zoning Graphic.4

Will County P&Z: Green Garden Township Rezoning Approved Amid Concerns Over Lack of a Final Plan

Article Summary: The Will County Planning and Zoning Commission unanimously approved rezoning a large agricultural parcel in Green Garden Township for potential residential development, despite a township official expressing concern...
Two orange map markers on city map

Zoning Commission Overrules Staff, Approves Greeen Garden Twp Variance for 3-Acre Agricultural Lot

Article Summary: The Will County Planning and Zoning Commission approved a variance for a 3-acre lot in an agricultural zone, going against a staff recommendation to deny the request in...
Clearwave

Village-Wide Broadband Service Coming as New Lenox Approves Clearwave Fiber Agreement

Article Summary: New Lenox residents will soon have a new choice for internet service after the Village Board approved a right-of-way use agreement with Clearwave Fiber, which plans to build...
LW SB AUG.1

Lincoln-Way Board Approves Special Education Co-op Budget Amid Concerns Over Rising Costs

Article Summary: The Lincoln-Way District 210 Board of Education approved the Fiscal Year 2026 budget for the Lincoln-Way Special Education District 843 cooperative, while officials expressed concern over significant cost...
LW-SB-AUG.1

Lincoln-Way Board Approves Special Education Co-op Budget Amid Concerns Over Rising Costs

Article Summary: The Lincoln-Way District 210 Board of Education approved the Fiscal Year 2026 budget for the Lincoln-Way Special Education District 843 cooperative, while officials expressed concern over significant cost...
Illinois trucker warns foreign firms faking logs, dodging rules, risking safety

Illinois trucker warns foreign firms faking logs, dodging rules, risking safety

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – After a recent deadly crash in Florida and a crash in Illinois involving semi-trucks, an Illinois...
Illinois law mandates pharmacies to sell needles, sparking safety debate

Illinois law mandates pharmacies to sell needles, sparking safety debate

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – The Illinois Governor has signed House Bill 2589, which requires pharmacists to sell sterile hypodermic needles...