Trump Tells Toyota Not to Build Plant in Mexico

The transcript discusses Toyota's expansion in the US, clarifying misconceptions in Trump's tweet about Toyota's factories in Mexico. It highlights the focus on Mexico by US automakers like Ford and GM, and speculates on the backchannel communications influencing Trump's statements. The business rationale behind building factories in Mexico is also explored, emphasizing the importance of models like the Corolla.

What was a key reason for Toyota's successful adaptation of their manufacturing system in the US?

• They avoided dealing with American workers.

• They invested heavily in US infrastructure.

• They imported all parts from Japan.

• They focused solely on luxury vehicles.

Why is Mexico a focal point in the political discussion about automotive manufacturing?

• Mexico has no free trade agreements.

• Mexico is the only country exporting cars to the US.

• Mexico is perceived as a target due to recent investments by automakers.

• Mexico has banned US car imports.

What is a possible reason for Toyota's decision to build a new Corolla plant in Mexico?

• To take advantage of Mexico's free trade agreements.

• To replace their Mississippi plant.

• To avoid US tariffs.

• To focus on luxury car production.

What was Mark Fields' rationale for Ford's decision regarding their manufacturing location?

• To increase production costs.

• To utilize an existing plant in Mexico.

• To build a new plant in the US.

• To focus on electric vehicles.

Why is the Corolla model significant for Toyota?

• It is a luxury vehicle.

• It is only sold in Japan.

• It is their top-selling model worldwide.

• It is their least popular model.