Toyota Says Tariffs Will Erase $1.3 Billion in Profits in Just 2 Months
Posted inAutomobiles Banking and Financial Institutions Customs (Tariff) General Motors Honda Motor Co Ltd International Trade and World Market Japan Mazda Motor Corp Mitsubishi Motor Corp Toyota Motor Corp Trump, Donald J United States

Toyota Says Tariffs Will Erase $1.3 Billion in Profits in Just 2 Months

The automaker’s somber forecast for the fiscal year underscored how quickly fortunes have turned for many companies reckoning with President Trump’s tariffs.
Global Automakers React to Trump’s 25% Tariff on Imported Cars
Posted inAutomobiles Canada Customs (Tariff) Factories and Manufacturing Germany Honda Motor Co Ltd Hyundai Motor Co International Trade and World Market Japan Mazda Motor Corp Mexico Nissan Motor Co South Korea Stellantis NV Subaru Toyota Motor Corp Trump, Donald J

Global Automakers React to Trump’s 25% Tariff on Imported Cars

Ignoring diplomatic efforts and investment pledges, President Trump said he would impose tariffs that are expected to deal a blow to American neighbors and allies in Asia.
Japan Built Thailand’s Car Industry. Now China Is Gunning for It.
Posted inAutomobiles Bangkok (Thailand) BYD Co Ltd China Electric and Hybrid Vehicles Factories and Manufacturing Great Wall Motor Co Ltd Honda Motor Co Ltd International Trade and World Market Isuzu Motors Ltd Japan Mazda Motor Corp Nissan Motor Co SAIC Motor Corporation Ltd Srettha Thavisin Suzuki Motor Corp Toyota Motor Corp

Japan Built Thailand’s Car Industry. Now China Is Gunning for It.

After dominating sales in Thailand for decades, Mazda, Nissan and other Japanese companies are losing their grip on a market long viewed as a regional hub.