Toyoda spoke at the U.S. capital at the invitation of the Economic Club of Washington, D.C., one day after the automaker announced $749 million in fresh investments in the country. As Trump weighs new tariffs on foreign-built autos, Toyoda said: “Regardless of the direction we go, we will never leave the United States. We will stay here.”
Toyoda came to Washington to emphasize the company’s contributions to the U.S. economy, ahead of trade negotiations between the U.S. and Japan set to start as early as next month.
The executive opened his speech by highlighting the 2018 induction of his grandfather and Toyota founder Kiichiro Toyoda in the U.S. Automotive Hall of Fame. He recounted the history of the automaker with a sense of humor, and thanked the U.S. for playing a key role in Toyota’s success.
View the video … Kiichiro Toyoda inducted into the U.S. Automotive Hall of Fame