🚗 Toyota Job denies $10bn US investment
Toyota denies $10bn US investment after comments by Donald Trump. Senior executive Hiroyuki Ueda clarified Toyota made no new pledge, only that it will keep investing and creating jobs in the US.
❓ What exactly did Toyota Job say
Ueda said the figure referenced the scale of past spending during Trump’s first term; Toyota did not commit that amount for the next few years.
🇯🇵🇺🇸 Context: Trump’s Japan visit
During the trip, Trump met Japan’s prime minister Sanae Takaichi and announced trade-related agreements, including rare-earth and defense cooperation deals.
🔧 Separate development: Vietnam hybrid production
Toyota is preparing to assemble hybrid vehicles in Vietnam from 2027, investing about $360 million to expand capacity at its Phu Tho province plant near Hanoi.
📈 Latest sales snapshot (Sept 2025)
Toyota reported around 949 000 vehicles in global sales (+2.8 % YoY) — overseas +4.2 %, Japan −2.8 %.
💡 Why this matters
- Company continues US investment & hiring — but no new $10 billion pledge.
- Expanding hybrid production in Vietnam (2027).
- Maintains positive sales momentum globally.
🙋♀️🙋♂️ FAQs by Other People For This Toyota Job
Q1. Did Toyota officially announce a new $10bn US plan . ?
Here’s the answer for you: No. Toyota denied making a new $10bn commitment; executives say they only reiterated ongoing US investment and employment plans.
Q2. What did Hiroyuki Ueda clarify about the figure . ?
Here’s the answer for you: He said the number echoed past spending in Trump’s first term and was not a new multi-year pledge.
Q3. Was the investment topic discussed with Akio Toyoda Job . ?
Here’s the answer for you: Ueda said it did not arise during Toyoda’s brief exchange with Trump at a US Embassy event.
Q4. What’s happening in Vietnam for Toyota Job hybrids . ?
Here’s the answer for you: Toyota plans to start hybrid production in 2027, investing about $360m to expand capacity at the Phu Tho plant.
Q5. How did Toyota Job perform in September 2025 sales . ?
Here’s the answer for you: Global sales were about 949k (+2.8 % YoY), with strength overseas; Japan dipped slightly.
Q6. Why does this news matter to job seekers and industry watchers . ?
Here’s the answer for you: It signals continued US activity (but no mega-pledge), regional manufacturing shifts to Vietnam for hybrids, and steady demand supporting future hiring.
📌 Final Summary For Toyota Job
Toyota did not make a new $10bn US investment commitment; the number referenced past spending. The automaker will keep investing and creating jobs in the US while expanding hybrid production in Vietnam and posting solid sales growth.
🔗 Sources & Further Reading
- Reuters / Just Auto / GlobalData reports (Oct 2025)
- Yahoo Finance – Vietnam Hybrid Production Plan ($360 m)
- DubainewJobs – Today News Hub
🔍 Read More Verified JOB News:
📲 Join WhatsApp Channel
▶️ Watch on YouTube
📰 More JOB News