Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business

Toyota CEO Channels Trump Spirit at NASCAR, Announces Nearly $1 Billion US Investment

Toyota has partnered with Tencent to attract younger drivers in China.

Toyota is making a major push into American manufacturing after CEO Akio Toyoda drew global attention by appearing at a NASCAR event in Japan wearing a Trump-Vance shirt and a red MAGA hat.

Just two days after the high-profile moment, the company revealed a $912 million investment aimed at boosting hybrid vehicle production across the Southern United States.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.