Toyota Faces Biggest Hit From Trump Tariffs Among Auto Companies
Duties on imported cars and auto parts forced General Motors Co. to slash its full-year profit guidance by as much as $5 billion while Ford Motor Co. is bracing for a $1.5 billion annual hit. Toyota sees a $1.2 billion profit drop in just two months. While the Japanese automaker didn't provide a tally for all of 2025, it did project operating income of ¥3.8 trillion ($26.1 billion) for the fiscal year ending March 2026 — far below the ¥4.7 trillion expected by analysts.
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