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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 ...
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 ...
US tariffs prompted Japanese auto giant Toyota on Thursday to cut its annual net profit forecast by 14 percent. The world’s ...
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 ...
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 ...
The company forecasted net profit for the current fiscal year to reach $2.84 bln, marking a 49.8% decrease from the previous reporting period ...
Japanese car giant Honda said Wednesday its net profit halved in the first quarter because of US tariffs, but upgraded its annual profit forecast after Tokyo finally hammered out a trade deal with ...