Toyota is developing many powertrains for the future, including a fuel-cell system for heavy-duty commercial trucks, but remains bullish on its latest internal-combustion engines.
It’s unclear whether Trump was referring to Gou’s plans for the display plant, for the country in general, or if it encompassed investments in other types of manufacturing.
The big Ferrari would be targeted at Asian customers, particularly in China.
The president of the AFL-CIO’s Transportation Trades Division, said Congress is progressing too quickly without understanding the full effects of autonomous vehicles.
“The spinoff story is not over at Fiat Chrysler,” Marchionne told analysts Thursday.