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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.
The Japanese automaker estimates that it will lose billions due to the impact of the Trump administration's tariffs.
TOKYO (Reuters) -Toyota Motor said on Thursday it would build a new vehicle factory in its namesake city in central Japan to ...
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Tested: Is the 2026 Toyota bZ Good or Just Slightly Less Mediocre?Overall, the 2026 Toyota bZ AWD Limited struck us as a lukewarm effort to improve a lukewarm product, and it’s certainly not ...
Only six examples of the GR Supra GEN3 are slated for production. Two will be fielded by Walkinshaw Andretti United, while ...
Akazawa met with his U.S. counterpart, Commerce Secretary Howard Lutnick, in Washington, D.C., on Wednesday, urging him to ...
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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