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Stock impact report

Automakers plan billions in US investments but seek clear trade rules [Yahoo! Finance Canada]

Toyota Motor Corporation (TM) 
US:NYSE Investor Relations: toyota-global.com/investors
production and avoid President Donald Trump's tariffs, but they ?are awaiting clarity on the status of a North American free trade agreement and future vehicle ?duties. The auto industry has urged the Trump administration to extend the United States-Mexico-Canada Agreement that faces a review this year. Car companies call the ?trade deal crucial to American auto production. Toyota has announced plans to invest $10 billion in the U.S. over the next five years but only offered details on about $2 billion. "Where we build, what we build, is all in flux so to speak," Toyota Division General Manager David Crist told Reuters on the sidelines of the New York Auto Show. "It's hard ?to make those decisions with a 25% ?USMCA tariff. I think we have to get more clarity on that before we finalize every decision within the $10 billion, but that investment is coming." Hyundai has announced a $26 billion ?investment in the U.S. through 2028. The company showed off a concept SUV and said it p Show less Read more
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