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Toyota slashes 2025 profit guidance, warns of $9.5B tariff hit
The company reported Japanese exports to the US from April through July were hit by a 25% tariff, and now those exports will see a 12.5% tariff hit from August through March (end of the fiscal year). Exports from Canada and Mexico would still be tariffed at 25% from April through March, which includes both autos and parts.
Akazawa met with his U.S. counterpart, Commerce Secretary Howard Lutnick, in Washington, D.C., on Wednesday, urging him to ...
Toyota, Honda and Nissan forecast big hits to their profits despite a trade deal that cut auto levies to 15 percent. The ...
Toyota Motor said on Thursday it would build a new vehicle factory in its namesake city in central Japan to start operations ...
Toyota Motor Corporation (TM) on Thursday warned of a significant rise in the negative impact from U.S. tariffs on its ...
Toyota has announced it will build a new vehicle manufacturing plant in Japan on land it plans to acquire in the Teihoucho ...
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