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Import tariffs and rising costs are squeezing profits at the Detroit 3, and the financial strain is expected to hit factory ...
TOKYO: US President Donald Trump’s tariffs are cleaving Japan Inc, with some major exporters like Toyota Motor slashing ...
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 ...
For the year through next March, the major Japanese automaker on Wednesday raised its net profit forecast from 250 billion ...
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 ...
US tariffs prompted Japanese auto giant Toyota on Thursday to cut its annual net profit forecast by 14 percent.
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 ...
The Japanese automaker posted a nearly $1.6 billion operating profit loss, as it writes off losses from its EV efforts and ...
Honda's net profit halved to ¥196.67 billion in Q1 due to U.S. tariffs on Japanese cars but the company raised its annual ...
The negative impact of tariffs was estimated at about 450 billion yen ($3 billion), based on “a detailed review,” according ...