"We didn't specifically say that we'll invest $10 billion over the next few years,"
"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 over $10 billion,"
"Go out and buy a Toyota."
Toyota denied a claim that it promised a $10 billion U.S. investment, saying it did not specifically commit to that amount over the next few years. Toyota executive Hiroyuki Ueda said the company will continue to invest and create jobs in the United States but has not made any explicit pledge of $10 billion or any particular amount. The $10 billion figure likely reflected past investments in U.S. plants during the previous administration that totaled roughly $10 billion. Toyota chairman Akio Toyoda did not discuss new investments during a brief exchange with President Trump. Toyota reiterated ongoing commitment to U.S. operations, citing nearly $50 billion already invested and 49,000 direct U.S. employees.
Read at Fast Company
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