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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.
Akazawa met with his U.S. counterpart, Commerce Secretary Howard Lutnick, in Washington, D.C., on Wednesday, urging him to ...
Toyota Motor said on Thursday it would build a new vehicle factory in its namesake city in central Japan to start operations ...
Toyota Motor is heading back to its roots. The world’s biggest carmaker says it will build a brand-new vehicle plant in ...
Operations are scheduled to begin in the early 2030s, though the specific production models have not yet been decided.
Toyota is under a time crunch to meet its goal of debuting the mid-engine GR Yaris M Concept during Japan’s Super Taikyu ...
Of course, Toyota is also a major manufacturer in North America. It has 11 factories in the US that build everything from ...
Toyota Motor Corporation (TM) on Thursday warned of a significant rise in the negative impact from U.S. tariffs on its ...
Toyota, Honda and Nissan forecast big hits to their profits despite a trade deal that cut auto levies to 15 percent. The ...
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