Edition: Global  
One News Page
“Probably the fastest-access news portal in the world”
> >

Toyota stock dips after Trump tweet on planned Mexico plant

SeattlePI.com Friday, 6 January 2017
TOKYO (AP) — Toyota Motor Corp. is a "good corporate citizen" and intends to work with President-elect Donald Trump to help make America strong, the Japanese automaker's president, Akio Toyoda, says. [...] of pressures from Trump on automakers to shift more manufacturing into the U.S., the outlook for Japanese car makers has brightened lately as the yen has weakened and Tokyo share prices have risen following the U.S. election. Trump's tweet on Toyota echoed others targeted at Ford Motor Co. and General Motors Co. Nearly all automakers build small cars in Mexico to take advantage of its lower wages. Toyota said it has invested over $21.9 billion in its U.S. operations, including 10 manufacturing facilities, 1,500 dealerships and 136,000 employees. "Toyota looks forward to collaborating with the Trump administration to serve in the best interests of consumers and the automotive industry," the company said in a statement.
Share on
Share on
Post on 
Share by
Source: Veuer - < > Embed

News video: Ford Reverses Plans for Mexican Plant

Ford Reverses Plans for Mexican Plant 01:15

Ford will be canceling its plans to build a $1.6 billion manufacturing plant in Mexico. Nathan Rousseau Smith (@fantasticmrnate) explains why.

You Might Like

Recent related news

Toyota says to delay start of Mexico plant to early 2020

TOKYO (Reuters) - Toyota Motor Corp will push back the start of operations at its scheduled new plant in Mexico, to the first half of 2020 from the initial plan...
Reuters - BusinessAlso reported by •Japan TodayJust-Auto

Donald Trump just picked a dumb fight with Mitch McConnell

Donald Trump just picked a dumb fight with Mitch McConnell
(CNN)Even as the Trump White House continues to calibrate the right response to the news that North Korea may have miniaturized a nuclear weapon, President...
WorldNews - Front PageAlso reported by •Zero HedgeBGR India

FBI raids President Trump's former campaign manager's home in Russia probe

New Delhi, August 10 (ANI): The FBI seized documents and other material from President Donald Trump's former campaign manager, Paul Manafort’s Virginia...
ANI News - World

Trump caught ‘liking’ bizarre tweet about rape, orgies and sex trafficking at his model agency

President Donald Trump was still glued to Twitter, if his “favorites” are any indication. At 11:44 p.m. EST Thursday evening, Trump clicked the “heart”...
Raw Story - US

‘This mentally unstable man must be removed’: Olbermann calls for impeaching ‘monster’ Trump over ‘lock and load’ tweet

Following President Donald Trump’s sabre-rattling tweet threatening North Korea on Friday morning, commentator Keith Olbermann launched a tweet-storm calling...
Raw Story - US

Is Trump Winning?

Is Trump Winning?
Authored by Robert Gore via Straight Line Logic blog, *Mainstream analysis has been wrong for so long, why start believing it now?* SLL has run a series of...
Zero Hedge - Markets

Haryana village women send 1,001 rakhis to US President Donald Trump, PM Modi

Nuh (Haryana), Aug 06 (ANI): Women of Marora, renamed as ‘Trump Village’, in Nuh of Haryana are looking to seal kinship with the US President Donald Trump by...
ANI News - India

Do Presidents Take Vacation? Trump's 17-Day Trip Isn't the Longest in History

Do Presidents Take Vacation? Trump's 17-Day Trip Isn't the Longest in History
More President Donald Trump, who once said presidents "don't have time to take time off," is about to take time off. Trump will head to his private golf club in...
WorldNews - Front Page

Other recent news in Business

Merck CEO resigns from Trump council after CHARLOTTESVILLECharlottesville tragedy spurs MERCK CEO to resign from Trump's manufacturing council
GoDaddy Pulls Neo-Nazi Site Over Post On CHARLOTTESVILLE VIOLENCE VictimTrump Seeks Trade Probe Of China Amid NORTH KOREA Tensions
VanEck filed to launch a BITCOIN ETF a day after a senior exec at the $25 billion fund called it 'a fad'This tech company just took a stand against WHITE SUPREMACISTS
DAILY STORMER booted; Rhimes joins Netflix; bitcoin tops $4,000Here's more evidence Seattle is the hottest OFFICE market in the country
China says it will stop importing NORTH KOREAN coal, iron ore, fish and other goods on Sept. 5 under U.N. sanctionsSpaceX launches 12th mission to SPACE STATION


Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2017 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+