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Major Japanese automakers have been hit hard in their second quarter of 2025 earnings due to the impact of increased U.S. auto tariffs. The sharp decline in profitability has put the entire industry ...
No car company is immune. Even those that make most of their vehicles in the United States use imported parts that can amount ...
The company raised its full-year operating profit forecast to 700 billion yen from 500 billion yen, and said it expected the ...
The auto sector is taking President Trump's tariffs on the chin. Toyota, the world's largest automaker, was the latest to ...
That's the combined toll Toyota and Honda expect from US levies this year. Their calculations, though, rest on shifting ...
Import tariffs and rising costs are squeezing profits at the Detroit 3, and the financial strain is expected to hit factory ...
U.S. President Donald Trump's tariffs are cleaving Japan Inc, as some big exporters like Toyota Motor slash their profit ...
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 ...
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 ...
Honda Motor reported sharply weaker first-quarter net profit due to U.S. tariffs and one-time losses related to electric vehicles, though it raised its annual earnings forecasts, citing a smaller-than ...