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Toyota, world’s biggest carmaker, warns of unprecedented $9.5 billion profit hit from tariffs
Japan’s Toyota Motor said Thursday that it expected a profit hit of nearly $10 billion from President Donald Trump’s tariffs on cars imported into the United States, the highest such estimate yet by any company.
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.
A 2025 Toyota 4Runner buyer wants buyers to beware of what some Toyota dealers are doing. He traded a 2022 Tundra for a 2025 ...
This week I'm behind the wheel of a fundamentally great sports car: the Toyota GR86. Specifically, the Hakone Edition which ...
GAC Toyota is preparing to launch a new generation of the Wildlander in China. Unlike its predecessor, the new model closely ...
Don't miss out on August's best sedan deals. Get the full details on the new 2025 Toyota Camry, including its low monthly lease payment and other unmissable incentives.
Toyota Motor said on Thursday it would build a new vehicle factory in its namesake city in central Japan to start operations ...
Gear Patrol on MSN1d
8 Forgotten Toyota Cars That Belong Back on the Road TodayWith rumors mounting of the Celica's return, it's only right that Toyota revisit other retired nameplates. Here are the ones ...
Toyota is under a time crunch to meet its goal of debuting the mid-engine GR Yaris M Concept during Japan’s Super Taikyu ...
MOTORVISION plus on MSN2h
Kia EV3 meets Toyota GR Supra in a battle of clean energy versus classic thrillsFrom city calm to corner carving chaos, the Kia EV3 and Toyota GR Supra showcase two different driving dreams.
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