Toyota

Toyota expects $1.2 billion tariff hit in April, May to drive 21% profit drop

CEO Koji Sato announces Toyota Motor Corp. earnings in Tokyo on May 8, 2025, forecasting a $1.2 billion wallop from U.S. tariffs.
CEO Koji Sato announced Toyota earnings in Tokyo on May 8, forecasting a $1.2 billion wallop from U.S. tariffs. (HANS GREIMEL/AUTOMOTIVE NEWS)
HG
By:
Hans Greimel
May 08, 2025 07:16 AM

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