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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.
TOKYO (Reuters) -Toyota Motor said on Thursday it would build a new vehicle factory in its namesake city in central Japan to ...
The world's largest automaker said it expects U.S. tariffs to knock its [operating profit by $9.5 billion]( ...
AI-first companies, according to the vision, re-orient their core decision-making and operational processes to fully leverage ...
Akazawa met with his U.S. counterpart, Commerce Secretary Howard Lutnick, in Washington, D.C., on Wednesday, urging him to ...
The Japanese automaker estimates that it will lose billions due to the impact of the Trump administration's tariffs.
In a segment dominated by the Ford Maverick, an established truck brand like Toyota could benefit from a new compact pickup.
It's no secret that Toyota Tundra engines are failing at an alarming rate. A Tundra owner in Canada says his truck's engine ...
Toyota Motor and Honda Motor are expected to report weaker first-quarter earnings this week, as U.S. import tariffs and a ...
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