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World’s biggest carmaker sees 21% profit decline as tariffs take a bite
Toyota Motor forecast a 21% profit decline for the current financial year on Thursday, as the strain from US President Donald Trump’s tariffs and an appreciating yen take some of the shine off strong ... Read More
Global growth bellwethers Maersk and Toyota lower guidance on tariff impact
Danish shipping and logistics giant A.P. Moeller-Maersk and Japanese auto giant Toyota each sounded the alarm on tariffs on Thursday as both lowered their guidance. Read More
Toyota Sees 21% Full-Year Profit Decline as Tariffs Take a Bite
Toyota's results also show how the tariffs have the potential to hit companies on a number of fronts simultaneously. While the automaker estimated the levies directly costing it 180 billion in April ... Read More
Global Production Slows for Toyota Despite Rising Sales
Toyota Motor Corp. revealed that its global production dropped for the 10th consecutive month in November, manufacturing 869,230 vehicles—a 6.2% decrease compared to the same period last year. Read More
Toyota's Global Vehicle Sales Fall in Fiscal 2024
Toyota's global vehicle production sagged 2.9 pct to 9,679,470 units, the first drop in four years. Of them, domestic output fell 2.2 pct to 3,236,420 units. Read More
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