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.

Recent related news

Whopping £240 million investment in Toyota's Burnaston...

Whopping £240 million investment in Toyota's Burnaston...
Toyota's Burnaston plant is set to get a giant cash investment, it has been revealed. Toyota Motor Europe has announced today it is investing £240 million to...
Burton Mail - UKAlso reported by •FinanzNachrichten.de

Toyota boss plays down Brexit link after £240m Derbyshire...

Toyota boss plays down Brexit link after £240m Derbyshire...
A boss at Toyota's Burnaston factory has described a £240 million investment in the plant as a "vote of confidence" in his Derbyshire workforce - but has played...
Derby Telegraph - UK

The Reclusive Hedge-Fund Tycoon Behind the Trump Presidency

Last month, when President Donald Trump toured a Boeing aircraft plant in North Charleston, South Carolina, he saw a familiar face in the crowd that greeted him:...
The New Yorker - World

Donald Trump&#039;s son called &#039;a disgrace&#039; for insulting tweet on London mayor post-terror attack

US President Donald Trump's son Donald Trump Junior has has come under severe attack for his insulting tweet on London Mayor Sadiq Khan hours after an attack...
Zee News - World

Trump Jr faces backlash over tweet post UK Parliament attack

[U.S.A.], Mar. 23 (ANI): Donald Trump Jr is facing criticism for posting a distasteful tweet featuring London Mayor Sadiq Khan hours after a major terror attack...
Sify - IndiaAlso reported by •newKerala.comSoftpedia

Toyota Will Invest Millions in UK Despite Brexit

Toyota Will Invest Millions in UK Despite Brexit
Toyota announced Thursday it would invest £240million in the United Kingdom even in a time of economic uncertainty for the country, The Associated Press...
WorldNews - Front Page

Big concrete maker Cemex won’t bid on Donald Trump’s Mexico border wall

Mexico-based concrete maker Cemex SAB de CV (NYSE: CMX) won’t be bidding on President Donald Trump’s border wall, according to reports from Fox Business, the...
bizjournals - Business

Asian Markets Mostly Higher Amid Cautious Trades

Asian stock markets are mostly higher on Thursday in cautious trades following the mixed lead overnight from Wall Street amid ongoing concerns about U.S....
RTTNews - Markets

You Might Like

Other recent news in Business

WESTMINSTER terror attack: Prime Minister Theresa May's speech in fullIslamic State claims responsibility for LONDON terror attack
London attacks: Why financial markets shrugged off Westminster TERROR incidentLondon tourism at risk after TERROR ATTACK
Canada’s BUDGET 2017 Innovation Push Draws Skepticism Amid PraiseWESTMINSTER ATTACK suspect was British born and known to MI5, PM says
US businesses pull advertising from GOOGLEGERMANY 1, England 0: Three Lions player ratings
Wall Street Opens Flat; All Eyes on HEALTHCARE VOTEDeductibles would likely rise under GOP HEALTH CARE bill


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+