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This week’s roundup of recent financial reports includes local companies Victory Capital Holdings and Rackspace Technology, ...
Toyota Motor Corp.’s quarterly profit fell 37% in the April–June period as new U.S. tariffs on Japanese auto exports cut ...
No car company is immune. Even those that make most of their vehicles in the United States use imported parts that can amount ...
General Motors projects a $4 billion loss, Stellantis, the maker of Jeeps, said it anticipates tariffs will add $1.7 billion ...
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Amazon S3 on MSNToyota Cuts Profit Forecast On $10B Tariff HitToyota warned Thursday that Trump’s auto tariffs could cost the company nearly $10 billion, the steepest estimate yet among ...
The auto sector is taking President Trump's tariffs on the chin. Toyota, the world's largest automaker, was the latest to ...
Toyota’s operating margin is now expected to drop to 6.6% over the full fiscal year, compared with its previous forecast of 7.8%, and 10% in the previous fiscal year. The company said it plans to ...
That's the combined toll Toyota and Honda expect from US levies this year. Their calculations, though, rest on shifting ...
Carmakers worldwide have already lost nearly $12bn (€10.3bn; £8.9bn) as a result of higher US duties on imports, according to ...
Toyota has reported its profit plunged 37% in the April-June quarter and it lowered its full year earnings forecasts, largely because of President Donald Trump's tariffs.
Analysts say Toyota, which has a plant on San Antonio’s South Side, is likely among the worst hit by the tariffs among global ...
Profit hits and price hikes are already coming down the pike as a result of new U.S. tariffs, according to economists.
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