Toyota cuts a look at the tariff fears with a decrease in profit 37 %

Toyota cuts a look at the tariff fears with a decrease in profit 37 %

GettyImages-1769302382-e1754583973624 Toyota cuts a look at the tariff fears with a decrease in profit 37 %

The company said on Thursday, Toyota’s profits decreased by 37 % in the quarter of April to June, as it reduced its profits in the full year largely due to President Donald Trump’s tariff.

The Japanese auto industry said it depends on its report on the assumption that the Trump tariff for exports from Japan, including cars, will be 12.5 % starting from this month. As of now they stand by 15 %.

Top Automant in the world also manufactures vehicles in Mexico and Canada. Toyota’s total profit in the last quarter reached 841 billion yen, or 5.7 billion dollars, a decrease from 1.33 trillion yen in the same period in the previous year. Its quarterly sales increased.

The status of these exports is unclear because Mexico and Canada are benefiting from the United States Convention in Canada, which were rented from the 1990s Charter during Trump’s first term in office, which canceled most of the customs tariffs and commercial barriers between the three countries.

Toyota The total Motor Corp profit from April to June reached 841 billion yen ($ 5.7 billion), a decrease from 1.33 trillion yen in the same period from 2024. quarterly sales increased by 3 % to 12 trillion yen (82 billion dollars).

Toyota said the definitions cost its quarterly worker 450 billion yen (3 billion dollars). Efforts to reduce costs and the negative impact of the unsuccessful exchange rate also hurt the end result.

The company that makes the Camry sedan and Lexus Luxury models expect a profit of 2.66 trillion yen ($ 18 billion) for the full fiscal year ended in March 2026, a decrease from previous expectations against the profit of 3.1 trillion yen ($ 21 billion). Toyota got nearly 4.8 trillion yen in the previous fiscal year.

“Despite the difficult external environment, we have continued to make comprehensive investments, in addition to improvements such as increasing unit sales, reducing costs and expanding value chain profits,” Toyota said in a statement that briefed its efforts to reduce the impact of the definitions.

At the retail level, Toyota sold 2.4 million cars worldwide, with sales growth in Japan, North America and Europe from the previous year, when the total global retail reached 2.2 million.

Analysts say that Toyota is likely to be the worst through the definitions between international companies, even compared to other Japanese auto companies.

Also on Thursday, Toyota announced that it is building a new cars factory in Japan and is expected to be in the early thirties. She is getting a site in Toyota, Atchi Governorate, in central Japan, where its main headquarters is located.

The models that will be produced there are still not determined, but the factory will be part of the company’s plan to maintain a production capacity of 3 million cars in Japan, according to Toyota. She was described as a “future factory”, and will also have a new technology designed for what Toyota said will be a variety of work.

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