Home » Business » Title: Toyota Chairman’s Trump Support Sparks Outrage and Trade Debate

Title: Toyota Chairman’s Trump Support Sparks Outrage and Trade Debate

by Priya Shah – Business Editor

Toyota Chairman ‌Akio Toyoda‍ Sparks Outrage with Pro-Trump Display at Fuji Speedway Event

FUJI, JAPAN – Toyota Chairman Akio Toyoda ⁣ignited​ a social media firestorm this weekend after appearing at ⁣a local series event at the Fuji race circuit‍ wearing a “MAGA” red cap and a T-shirt featuring images of former President Donald Trump and Vice President​ JD vance. The ‌display,coinciding with ⁤a parade of American cars‌ and a NASCAR demonstration drive,drew immediate and sharply divided reactions.

Critics swiftly condemned Toyoda’s political statement, with some vowing to boycott the brand. One user posted to X (formerly Twitter) under the contribution ‌of U.S. Ambassador⁢ to Japan George Glass, stating, “Fuck you, Toyota. when it’s time for a new car, I’ll never consider one.” Another X user wrote, “I wanted Akio Toyoda⁤ to sign my toyota. I don’t want it anymore, it ⁤doesn’t exist ⁣for me.”

Supporters of Trump, ‌however, largely celebrated the gesture, with some ironically questioning whether opponents would‍ abandon Toyota’s Prius model.

Toyoda addressed ​the event,telling Automotive News,”I’m not here to argue whether tariffs are good or bad. We’re ‌trying ‍to find a ​way to make tariffs a win-win. We ⁤really want our customers to ​be winners.” He was speaking while former Formula 1 driver Kamui Kobayashi drove a NASCAR​ championship car.

While Toyoda currently serves as chairman of the board, ⁤Koji Sato assumed the role of Toyota’s president in‍ 2023.

Automotive News noted the display as part ‌of​ a series ⁤of “silent signals” indicating Japan’s ⁣openness to American car culture ​and imports amid Trump’s import tariffs. Toyota, Japan’s largest exporter to the⁤ United States, successfully negotiated a reduction in import tariffs with Trump from 27.5% to‌ 15%⁤ in the summer. Following‍ this, in ⁣November, ⁤the company announced ​a $10 billion investment in U.S. mobility initiatives, including $912 million to expand hybrid‍ car ⁣production capacity. Toyota currently operates eleven factories in the United States, producing vehicles, engines, batteries, and other components.

The automaker ‌is also reportedly exploring options to import U.S.-manufactured vehicles to Japan, specifically the Camry, a ⁢popular model in the American market. The​ Georgetown factory is‌ reportedly capable of⁢ adapting to right-hand drive production within months, shoudl Toyota pursue ⁣this strategy.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.