Home / Business / Toyota a Japanese brand, but also a U.S. manufacturer: president

Toyota a Japanese brand, but also a U.S. manufacturer: president

Akio Toyoda, president of Toyota Motor Corporation, introduces the 2018 Camry XLE during the North American International Auto Show in Detroit, Michigan, U.S., January 9, 2017.  REUTERS/Mark Blinch Akio Toyoda, president of Toyota Motor Corporation, introduces the 2018 Camry XLE during the North American International Auto Show in Detroit, Michigan, U.S., January 9, 2017. REUTERS/Mark Blinch

TOKYO Toyota Motor Corp (7203.T) President Akio Toyoda said on Thursday that his company was increasing its U.S. production, and that it may be a Japanese brand but was also a U.S. manufacturer.

Toyoda's comment comes as global automakers face pressure from U.S. President Donald Trump, who has demanded that more cars sold in the United States be made locally to increase jobs and shrink the U.S. trade deficit.

(Reporting by Naomi Tajitsu; Writing by Chris Gallagher; Editing by Muralikumar Anantharaman)

Source: Reuters

About Netizen 24 Network

Check Also

Disney bails out European theme park, again

Disney bails out European theme park again with $2 billion by Ivana Kottasova @ivanakottasova February …

Choose A Format
Personality quiz
Trivia quiz
Poll
Story
List
Meme
Video
Audio
Image