Overview
- Toyota detailed a $912 million investment to expand hybrid-related output, projecting 252 new U.S. jobs across five states.
- Allocations include $453 million for Buffalo, West Virginia; $204.4 million for Georgetown, Kentucky; and $125 million for Blue Springs, Mississippi, plus funds for Jackson, Tennessee, and Troy, Missouri.
- The announcement followed a Nov. 16 NASCAR demo at Fuji Speedway where chairman Akio Toyoda wore a Trump‑Vance T‑shirt and MAGA hat, with U.S. Ambassador George Glass posting photos from the event.
- Six NASCAR cars and drivers including Jimmie Johnson, John Hunter Nemechek, and Kamui Kobayashi participated, and Toyoda said the company is seeking ways to make tariffs “a winner for everyone.”
- Toyota framed the spending as part of an up‑to‑$10 billion U.S. commitment as the White House highlighted Toyota’s intention to export U.S.-made vehicles to Japan and open its distribution platform there to U.S. automakers.