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business / markets7 months ago

Toyota sees 21% full-year profit decline as tariffs take a bite

https://www.cnbc.com/2025/05/08/toyota-sees-21percent-full-year-profit-decline-as-tariffs-take-a-bite.htmlhttps://www.cnn.com/2025/05/08/cars/toyota-profit-decline-tariffs-hnk-intlhttps://www.ft.com/content/e4842724-1cb8-4aa0-ad7f-f3ca93eb4379
Cnbc.com and 5 more
Toyota sees 21% full-year profit decline as tariffs take a bite Open in Cnbc.com
Highlights
  • Toyota projects a $1.3 billion profit hit in April-May due to tariffs and rising vehicle costs.
  • Toyota aims for 50% electric vehicle sales by 2026, shifting focus amid trade tensions and higher prices.
  • Tariffs and currency fluctuations are forcing Toyota to rethink its global strategy and supply chain.
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References

World’s biggest carmaker sees 21% profit decline as tariffs take a bite | CNN Business

https://www.cnn.com/2025/05/08/cars/toyota-profit-decline-tariffs-hnk-intlCnn.com
World’s biggest carmaker sees 21% profit decline as tariffs take a bite | CNN Business

Toyota warns profits set to fall 21% as Trump tariffs take their toll

https://www.ft.com/content/e4842724-1cb8-4aa0-ad7f-f3ca93eb4379Ft.com
Toyota warns profits set to fall 21% as Trump tariffs take their toll

Toyota says tariffs will cost it $1.3 billion in 2 months

https://qz.com/toyota-tariffs-profits-trump-earnings-1851779701Qz.com
Toyota says tariffs will cost it $1.3 billion in 2 months

Toyota is facing a $1.2 billion tariff bill

https://mashable.com/article/toyota-billion-dollar-trump-tariff-billMashable.com
Toyota is facing a $1.2 billion tariff bill

Toyota sees $1.3B profit hit from Trump tariffs in 2 months

https://www.foxbusiness.com/economy/toyota-sees-1-3b-profit-hit-from-trump-tariffs-2-monthsFoxbusiness.com
Toyota sees $1.3B profit hit from Trump tariffs in 2 months

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businesselectric vehiclesmarketstensionstensiontradeunited states of americamarkettariffselectricsupply chainvehiclesvehiclesupplytarifftrade tensionstrade tensiontoyotastateselectric vehicleunitedstate

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