
President Donald Trump described Toyota's 69-year-old chairman as a 92-year-old 'owner' who personally pledged a £7.7 billion ($10 billion) US investment, a claim riddled with factual errors that Toyota had already disputed months earlier.
During remarks at his 11th Cabinet meeting on 26 March 2026, Trump retold his familiar anecdote about meeting Akio Toyoda in Japan, this time placing the Toyota chairman's age at 'about 92.'