US EditionToyota estimates tariffs will cost it A$15 billion this financial year
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15 Articles
The Standard
Toyota estimates tariffs will cost it A$15 billion this financial year
Toyota has revealed it take a big financial hit from US tariffs, although it will still post healthy...
Toyota Invests Over $50 Million in Arizona Testing Center
Toyota Motor North America is investing more than $50 million to upgrade its vehicle testing site at the Arizona Mobility Test Center, part of the Toyota Arizona Proving Grounds. The facility, used by Toyota and other companies, is expanding to include a new 5.5-mile track, enhanced ride and handling surfaces, an off-road park for capability testing, and additional zones for various vehicle evaluations. Most of the upgrades are complete or expec…
Toyota Hit By US Tariffs To The Tune Of USD10 Billion
Toyota Cuts Profit Forecast By 16% Due To US Tariffs Toyota has just reported a USD10 billion profit hit from recent US tariffs in its fiscal first quarter, prompting a 16% cut to its full-year profit forecast and raising industry-wide alarm over the mounting cost of trade restrictions. This huge loss marks the largest tariff-related quarterly hit by any auto manufacturer to date. In its April to June 2025 results, Toyota said net income fell n…
Investors have been watching trade (dis)agreements between the US and its major trading partners over the past week. They were particularly concerned about the 50 percent tariffs that India will have to pay on exports to the US. Toyota's case shows how strongly Trump's tariffs are affecting companies' business. In the second quarter, net profit fell by almost 40 percent and operating profit by 11 percent (to $7.9 billion), despite higher sales (…
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