Toyota denies promising to invest $10bn in US after Trump announcement
Source: the guardian
The US president claimed he had been told the carmaker was going to be setting up factories all over the US
Guardian staff and agencies Wed 29 Oct 2025 10.16 EDT
The Japanese auto giant Toyota Motor has denied Donald Trumps suggestion that it is poised to invest more than $10bn in the United States over the coming years.
On a visit to Japan earlier this week, the US president claimed he had been told that the carmaker was going to be setting up factories all over the US to the tune of over $10bn.
Go out and buy a Toyota, added Trump.
But a senior executive at Toyota the worlds largest automaker said that no such explicit promise of investment at that level had been made, although Toyota plans to invest and create new jobs in the US.
The firm held talks with Japanese and American officials ahead of Trumps visit.
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Read more: https://www.theguardian.com/business/2025/oct/29/toyota-trump-us-investment-claims
Lonestarblue
(13,045 posts)Or perhaps he thinks he is all powerful and only has to think something to make it reality. He truly lives in his own fantasy world.
KS Toronado
(21,736 posts)Best in the world all the "sirs with tears running down their cheeks" are saying.
rubbersole
(10,800 posts)KS Toronado
(21,736 posts)70sEraVet
(5,056 posts)popsdenver
(832 posts)PURE AGGRANDIZEMENT......every time he opens his anus shaped lips....
If a paramedic or EMT heard him spewing this Delusional Shit, they would ask a cop or Doctor to put a 72 hour mental health hold on him....
If you look in any recently published dictionary.....under DELUSIONAL, they describe Trump and have a picture of him.......
riversedge
(78,560 posts)Toyota fact-checks Trump: $10 billion investment isnt new
https://thehill.com/business/5578312-toyota-trump-claim-10-billion-investment/
by Sarah Fortinsky - 10/29/25 8:01 AM ET
Current Time 1:34
/
Duration 1:36
A Toyota executive pushed back on President Trumps recent claim that the company pledged to invest $10 billion into U.S. auto plants but stressed the automakers commitment to continued investment.
Speaking to reporters on the sidelines of the Japan Mobility Show in Tokyo, Toyota executive Hiroyuki Ueda said he thinks the $10 billion Trump mentioned during his visit to the Asian country referred to a number discussed during his first administration....
Toyota remains committed to continued investment in its U.S. operations, reflecting our principle to build where we sell and buy where we build, the statement reads. With nearly $50 billion already invested and 49,000 direct employees across the United States, this ongoing commitment strengthens our support for American manufacturing, supply chains, jobs, and customers. More details will follow soon.
.................
Grins
(9,024 posts)Trump said European nation would purchase $750 billion worth of U.S. energy, and invest another $600 billion worth of investments into the U.S..
The head of the European Union cant spend its members treasury!! Only the individual state members can - and theyre not!
Haggard Celine
(17,503 posts)It's just that simple.
ananda
(33,802 posts)!@#$%
Bayard
(27,573 posts)Buddyzbuddy
(1,774 posts)I'll take it from there. My people are idiots, they believe what I say and walk around repeating it as proof they voted for the right guy.
not fooled
(6,496 posts)Get it in a news cycle for propaganda purposes. Reality doesn't matter.
Only a small fraction of the people who heard the initial announcement later will learn that it's BS. And, apparently, many 'Muricans still not skeptical enough of his spew to disbelieve it from the get-go, which is the reality-based way to respond.
Pas-de-Calais
(10,209 posts)We KNOW he lies
pandr32
(13,581 posts)twodogsbarking
(16,422 posts)I think that's probably what they said but it was lost in translation.
SpankMe
(3,623 posts)It would be like investing in Germany in the late 1930's. If the world wanted to help us, they'd write off America and build economic alliances elsewhere for the next economic cycle or two.
BobTheSubgenius
(12,124 posts)The answer turned out to be quite a few more than I had thought, but still... How much of this cretin's happy tawk is ever true?
ProfessorGAC
(74,989 posts)...new plants, depending on size, tech, and land required start at $1.5 billion and could go to $4.5 billion.
So this is enough for perhaps 3 plants.
Even if it were 6, that's not "all over the United States" and they didn't make this decision overnight. These analyses have probably been ongoing for 3 years.
Hekate
(99,999 posts)
while the plants are under construction.
As was done to a South Korean Hyundai battery plant in Georgia in September this year. Raided by ICE, seized 475 workers who were putting it all together. Im sure all those Georgians who were hoping to get a job there are looking at the unfinished facility and asking themselves if this is really the MAGA they wanted.
Trumps insanity, and that of Musk, Miller, and all the rest of his administration its demolishing every shred of our credibility and our ability to recover when theyre gone. Everything, everywhere, all at once.
dalton99a
(90,932 posts)IbogaProject
(5,282 posts)I bet he heard ten billion and didn't realize they were pulling his chain by offering something laughably low.
ShazzieB
(21,877 posts)The Japanese wouldn't make a mistake like that. They know the difference between a yen and a dollar, and they're a very detail-priented people.
He just says whatever he feels like saying. I doubt that the concept of "truth" vs. "lie" even means anything to him at this point. Anything he wants to happen (like Toyota investing billions of dollars in the U.S.) is already real to him as soon as he thinks of it, and he'll declare it to be so without a moment's hesitation.
If there was once a time when lying was a conscious act for him, something he did feliberately, even strategically, that's no longer the case from what I can see. The line between reality and fantasy is getting weaker and weaker for him, if it even still exists. He just opens his mouth, and whatever comes out is real to him, at least in the moment. He may forget about it 5 minutes later, but it was real to him when he said it.
I'm sure I don't need to mention how ludicrous (and dangerous) it is for someone whose sense of reality is flickering like a failing fluorescent tube to ne running a country,, but here we are.
riversedge
(78,560 posts)Trump and Lutnick are taking statements of interest and existing investments as new under Trump to claim success. As usual it is bullshit puffer.
www.nytimes.com/2025/10/29/b...
Trump and Lutnick are taking statements of interest and existing investments as new under Trump to claim success. As usual it is bullshit puffer.
— DrDinD.bsky.social (@drdind.bsky.social) 2025-10-29T18:02:05.567Z
www.nytimes.com/2025/10/29/b...
GB_RN
(3,456 posts)That Cantaloupe Caligula the Corpulent misspoke
lied?
Wheres my shocked face. Oh, wait, here it is.🙄
What? Oh, damn. Wrong one. Let me try again.😑
Damn. Not it either? Oh, well.
JoseBalow
(8,853 posts)America first!
RazorbackExpat
(714 posts)and the US will get 90% of the profits. That works out to about $4000 per person in Japan, for almost no return on investment
Playingmantis
(489 posts)Right after he creates that new Health Care bill the liar has been promising for 9 years and just as the check from Mexico for the wall arrives and as he is on his way to receive the Nobel Prize for ending those 8 wars and as the Pope is about to cannonize him as the "greatest saint who ever lived"
Unfuckingbelievable!
agingdem
(8,672 posts)he spews grandiose lies...deals that don't exist...and because he's Trump he assumes he can bully his targets (Toyota/EU) into following through on his bullshit...
Trump is incapable of understanding that the world has his number...he's a clown...good for laughs but lousy for business...
Coldwater
(468 posts)covering 4 years and 9 months
Bengus81
(9,532 posts)iphones!!!!!! Thousands to be employed!! Total BULLSHIT..none of it happened.
They were using the building in 2021 for Covid shots.