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Toyota cuts profit forecast

Reuters on MSN · 1h

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,

The Detroit News · 43m

Toyota reports drop in profit, cuts its forecast due to Trump's tariffs

The automaker said it based its report on the assumption that tariffs on exports from Japan would be 12.5% starting this month. They stand at 15%.

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.

8hon MSN

Toyota Says It Will Build New Car Factory in Japan

TOKYO (Reuters) -Toyota Motor said on Thursday it would build a new vehicle factory in its namesake city in central Japan to ...

4h

Sony, Toyota, Maersk: Earnings Around the World in Focus

The world's largest automaker said it expects U.S. tariffs to knock its [operating profit by $9.5 billion]( ...

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