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News

Toyota slashes 2025 profit guidance

Associated Press News on MSN · 2d
Toyota reports a 37% drop in profit, cuts its forecast due to Trump's tariffs
Toyota's profit plunged 37% in the April-June quarter, the company said Thursday, cutting its full year earnings forecasts largely because of President Donald Trump’s tariffs. The Japanese automaker said it based its report on the assumption that Trump’s tariffs on exports from Japan,
Reuters on MSN · 1d
Toyota warns of $9.5 billion tariff hit, slashes annual profit forecast
The world's top-selling car maker also cut by 16% its forecast for full-year operating profit, reflecting challenges for global manufacturers grappling with rising costs from U.S. levies on cars, parts,
CNN · 1d
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.
4don MSN
Toyota, Honda brace for profit falls as US tariffs, strong yen weigh
Toyota Motor and Honda Motor are expected to report weaker first-quarter earnings this week, as U.S. import tariffs and a ...
1d
Toyota reports 37% drop in profit, cuts its forecast due to Trump’s tariffs
Analysts say Toyota, which has a plant on San Antonio’s South Side, is likely among the worst hit by the tariffs among global ...

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