Toyota confirms up to $10 billion investment in U.S. operations over the next five years, clarifying earlier comments from President Trump.

The investment comes amid Trump administration pressure on automakers to boost domestic production through tariffs on foreign vehicles and parts.

A new $13.9 billion battery plant in North Carolina begins production, creating 5,100 jobs despite uncertainty over weakening electric vehicle demand.

Toyota Motor Corp. confirmed it will plow as much as $10 billion into the US over the next five years to boost its local operations, less than a month after President Donald Trump flagged that the Japanese carmaker planned such an investment.

The announcement clears up a confusing moment from Trump’s visit to Tokyo last month, when he said Toyota would buil

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