Toyota’s CEO Akio Toyoda met Mike Pence in Washington

by SpeedLux
Akio Toyoda

Toyota Motor on Thursday stated that company CEO Akio Toyoda consulted with U.S. Vice President-elect Mike Pence in Washington this week as the inbound U.S. administration pressures car manufacturers to develop more vehicles in the U.S.

A Toyota spokesperson stated that Toyoda met Pence on Tuesday, a day after the Japanese automaker informed it would invest $10 billion in the United States over the next 5 years, the same amount it invested in the last five years.

She included that there were no strategies at the moment for Toyoda to consult with U.S. President-elect Trump.

While Toyota refused to discuss information of the meeting, Toyota’s North America Chief Executive Jim Lentz informed Reuters that the automaker was concentrating on reminding policymakers in Washington regarding the car manufacturer’s comprehensive U.S. production operations.

Pence worked as governor of Indiana, where Toyota has an assembly plant, among 10 manufacturing centers in the nation.

Recently, U.S. President-elect Donald Trump stated Toyota will have to pay “big border tax” if it constructs its Corolla cars for the United States market at a scheduled factory in Mexico.

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