US EditionToyota Texas: 25% Tariff on Imported Vehicles Is ‘Highly Disruptive,’ Could Result in Higher Vehicle Prices
AICHI PREFECTURE, JAPAN, AUG 7 – Toyota's Q1 net profit fell 37% to 841 billion yen due to U.S. tariffs, currency shifts, and material costs despite a 7% rise in global sales, company reports.
- Toyota announced on August 7, 2025, that its April-June profit dropped 37% to 841 billion yen , due to tariffs and other factors.
- The profit decline followed the assumption of 12.5% tariffs on Japanese auto exports starting this month, imposed by President Donald Trump.
- Toyota stated it continues comprehensive investments, cost reductions, and increased unit sales despite the challenging external environment caused by tariffs.
- The tariffs cost Toyota 450 billion yen in quarterly operating profit, while full-year earnings forecasts fell from 3.1 trillion yen to 2.66 trillion yen .
- On August 7, Toyota also announced building a new assembly plant in Toyota city aiming for early 2030s operation to maintain 3 million vehicle production capacity in Japan.
17 Articles
17 Articles
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Toyota Texas: 25% tariff on imported vehicles is ‘highly disruptive,’ could result in higher vehicle prices
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Toyota slashes outlook on tariff concerns as profit plunges 37%
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TOKYO (AP) — Toyota's profit fell 37% in the April-June quarter, the company reported Thursday, lowering its full-year earnings forecast largely due to President Donald Trump's tariffs…
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