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Toyota Counters Trump's Mexico Plant Demands
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Toyota Supplier Would Cancel Mexico Plant If Auto Maker Abandons Its Factory Plans
- DETROIT—A top parts maker for Toyota Motor Co. would cancel a new plant in Mexico designed to supply the Japanese auto maker and General Motors Co. if Toyota were to bow to political pressure and abandon a planned Mexican factory."We'll have to rethink our investment if Toyota pulls out," Yasumori Ihara, president of Aisin Seiki Co., said Tuesday in an interview at Detroit's auto show.Toyota and GM both rebuffed recent...
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Toyota chief meets Pence, urges understanding over Mexico plant plans
- Toyota Motor Corp. President Akio Toyoda held a meeting with incoming U.S. Vice President Mike Pence in the United States on Tuesday, it was learned on Wednesday.Toyoda is believed to have told Pence that the leading Japanese automaker will continue to make contributions to the development of the U.S. economy as a good corporate citizen in the country, according to sources.The Toyota chief is also seen to have tried to seek Pence's understanding for the company's plan to build a new factory in Mexico, stressing that Toyota has no plan to cut its jobs in the United States, the sources said.
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