Executives from several auto manufacturers and suppliers that have pledged to make investments in the U.S. are heading to the White House.
Officials from Hyundai Motor Co. and Toyota Motor North America are among those expected at the April 30 meeting, according to people briefed on the invitation. Both automakers were on a list of companies the White House said have committed to invest a combined $5 trillion in U.S. manufacturing since President Donald Trump took office in January.
The list also includes Stellantis, Nvidia and Siemens.
The meeting comes a day after Trump agreed to ease his tariffs on imported vehicles. The tariffs, imposed April 3, triggered investment announcements from automakers and other manufacturers.
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Hyundai Motor Group, parent to the Hyundai, Genesis and Kia brands, recently laid out a $21 billion investment plan that includes construction of a $6 billion steel mill in Louisiana. The group also will expand capacity of its new $12.6 billion electric vehicle factory outside Savannah, Ga.
Toyota has not committed to more U.S. plants but said it was considering building a larger percentage of its top-selling RAV4 compact crossover in Georgetown, Ky., rather than in Canada and Japan. No production changes have been announced.
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Other import brands, including Honda and Nissan, were not expected to participate in the meeting. It was unclear whether any Detroit 3 executives would be present.
A day ahead of the meeting, Trump was traveling to Michigan, where Ford Motor Co., General Motors and Stellantis are headquartered along with more than 1,000 suppliers, for a rally with his supporters.
Trump signed an order ahead of the Michigan trip to exempt automakers that build vehicles in the U.S. from a portion of his 25 percent tariffs, so they have time to bring supply chains home.
The order allows automakers to receive credits for up to 15 percent of the value of vehicles assembled in the U.S. to apply against the value of imported parts.
Automakers and suppliers have raised concerns on how imported auto parts will impact vehicle prices since some cross borders several times before final assembly.
