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Toyota is sounding the loudest warning bell yet about tariffs. The automaker said it expected its profits to be $9.5 billion lower this year because of the Trump tariffs on cars imported to the U.S.
Japan’s Toyota Motor said on Thursday it expected a hit of nearly $10 billion from President Donald Trump’s tariffs on cars imported into the United ...
Honda has also changed its average US$ exchange rate assumption for the full year from JPY135 to JPY140, which improves the profitability of its US operations. Net profits for the full year are ...
U.S. President Donald Trump's tariffs are cleaving Japan Inc, as some big exporters like Toyota Motor slash their profit ...
Toyota, Honda and Nissan forecast big hits to their profits despite a trade deal that cut auto levies to 15 percent. The ...
US tariffs prompted Japanese auto giant Toyota on Thursday to cut its annual net profit forecast by 14 percent. The world's ...
US tariffs prompted Japanese auto giant Toyota on Thursday to cut its annual net profit forecast by 14 percent.- Tariffs hit ...
The Tokyo-based maker of the Accord sedan and Asimo robot revised upward its profit forecast for the full fiscal year through March 2026 to $2.9 billion, better than its earlier estimate of $1.7 ...
In addition, Honda's credit rating is at investment-grade, which allows for lower cost of capital and greater financial flexibility than non-investment-grade competitors. While current industry ...
Sony raised its full-year operating profit forecast on Thursday by 4% to 1.33 trillion yen ($9.01 billion), citing ...
Honda’s profit in the last quarter was half of what it was a year earlier, the company said Wednesday, as automakers were hit ...
Sony raised its full-year operating profit forecast on Thursday by 4% to 1.33 trillion yen ($9.01 billion), citing a diminished impact from U.S. President Donald Trump's trade war.