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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.
Toyota is under a time crunch to meet its goal of debuting the mid-engine GR Yaris M Concept during Japan’s Super Taikyu ...
This week I'm behind the wheel of a fundamentally great sports car: the Toyota GR86. Specifically, the Hakone Edition which ...
Some cars feel alive in your hands like they're meant to take on any road or weather you throw at them. One GR Corolla owner ...
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Gear Patrol on MSN23h
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 ...
This owner believed he had the perfect Toyota Tundra and even bought a Sequoia for his wife, but one breakdown and a ...
GAC Toyota is preparing to launch a new generation of the Wildlander in China. Unlike its predecessor, the new model closely ...
CarBuzz on MSN20h
Toyota RAV4 Maintenance Cost And Common ProblemsThis article explores the common problems, maintenance costs, and price of repairs as reported by owners and local ...
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