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

Meeting Briefs

Meeting Summary and Briefs: Will County Public Works & Transportation Committee for November 2025

Will County Public Works & Transportation Committee Meeting | November 2025 The Will County Public Works & Transportation Committee on Tuesday approved a landmark agreement to consolidate the Central Will...
Screenshot 2025-11-06 at 3.37.39 PM

Will County Committee Members Debate Future Capital Priorities, Clash on Borrowing

Will County Capital Improvements & IT Committee Meeting | November 4, 2025 Article Summary: After learning Will County could borrow over $100 million for new projects, members of the Capital Improvements...
Meeting Briefs

Meeting Summary and Briefs: Will County Planning and Zoning Commission for November 4, 2025

Will County Planning and Zoning Commission Meeting | November 4, 2025 The Will County Planning and Zoning Commission on Tuesday, November 4, 2025, considered a series of homeowner requests for...
Meeting Briefs

Meeting Summary and Briefs: Will County Legislative Committee for November 4, 2025

Meeting Summary and Briefs: Will County Legislative Committee for November 4, 2025 The Will County Legislative Committee met on Tuesday, November 4, 2025, to continue developing its 2026 state and...
Screenshot 2025-11-05 at 4.18.41 PM

Will County Saves $5.7 Million in Bond Refinancing, Maintains High Credit Ratings

Will County Finance Committee Meeting | November 2025 Article Summary: A recent bond transaction successfully saved Will County over $5.7 million in future debt payments, while a presentation from the...
Joliet-Junior-college.-Graphic-Logo.3

Meeting Summary and Briefs: Joliet Junior College Board of Trustees for October 2025

Joliet Junior College Board of Trustees Meeting | October 15, 2025 The Joliet Junior College Board of Trustees took major steps on two significant, long-term projects during its October 15...
solar panels photovoltaics in solar farm

New Lenox Approves Solar Subscription, Projects Over $100,000 in Annual Savings

New Lenox Village Board Meeting | October 27, 2025 Article Summary: The New Lenox Village Board has approved an agreement to subscribe to the Illinois Shines Community Solar program, a move...
Screenshot 2025-11-06 at 3.37.51 PM

Will County Saves Nearly $5.74 Million in Bond Refinancing, Explores Future Borrowing Options

Will County Capital Improvements & IT Committee Meeting | November 4, 2025 Article Summary: The Will County Board’s Capital Improvements & IT Committee learned that the county has successfully saved nearly...
Meeting Briefs

Meeting Summary and Briefs: New Lenox Fire Protection District for September 2025

New Lenox Fire Protection District Meeting | September 2025 The New Lenox Fire Protection District Board of Trustees on September 22, 2025, approved a significant change in hiring practices to...
Black and white speed limit 25 sign

Will County Board Advances New Speed Limits in Green Garden and Frankfort Townships

Will County Public Works & Transportation Committee Meeting | November 2025 Article Summary: The Will County Board approved new speed limits for a section of Stuenkel Road in Green Garden...
Will County Logo Graphic

New Lenox Garage Variance Denied After Neighbor Cites ‘Massive’ Scale and Neighborhood Impact

Will County Planning and Zoning Commission Meeting | November 4, 2025 Article Summary: The Will County Planning and Zoning Commission unanimously denied a New Lenox Township homeowner's request for a variance...
Joliet-Junior-college.-Graphic-Logo.5

JJC Celebrates “Future Wolves” Partnerships with Joliet and Troy School Districts

Joliet Junior College Board of Trustees Meeting | October 15, 2025 Article SummaryJoliet Junior College celebrated its "Future Wolves" initiative by issuing proclamations honoring its inaugural partnerships with Joliet Public...
Meeting Briefs

Meeting Summary and Briefs: New Lenox School District 122 for September 2025

New Lenox School District 122 Meeting | September 2025 The New Lenox School District 122 Board of Education held a public hearing and formally adopted its budget for the 2025-2026...
Screenshot 2025-11-06 at 4.17.20 PM

State Veto Session Passes Energy Bill Limiting County Zoning, Approves Toll Hike for Mass Transit

Meeting Summary and Briefs: Will County Legislative Committee for November 4, 2025 Article Summary: A state lobbyist reported to Will County that the Illinois General Assembly passed a major energy bill...
Large naval presence in Caribbean ahead of Ford arrival

Large naval presence in Caribbean ahead of Ford arrival

By Sarah Roderick-FitchThe Center Square As the number of suspected narcotic transport boats destroyed by the U.S. military grows, so does the number of naval vessels in the Caribbean. Secretary...