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Business

Toyota waves US investment flag at Detroit auto show

Japan's biggest automaker responds to Trump's Twitter feed

KAZUYUKI OKUDAIRA and TOYOKI NAKANISHI, Nikkei staff writers | Japan

DETROIT, U.S. --Toyota Motor's president was among the automaker executives who felt compelled to tout U.S. investments at the auto show here, a sign that President-elect Donald Trump's attacks on the industry are prompting a strategic reassessment.

"The Camry has been the biggest volume seller in the U.S. for 15 years but we cannot be complacent," Akio Toyoda said Monday as he unveiled a fully redesigned version of the midsize sedan. "We will roll out products and make investments." He then went on to announce a $10 billion U.S. investment over the next five years.

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