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Honda’s Profits Halved, Mazda in the Red — Blame the TariffsMajor 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 ...
Faysal Bank Limited has launched special Independence Day offers on Atlas Honda motorcycles, giving customers a chance to ...
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 ...
Business results announced by six Japanese automakers for the April-June quarter show that US tariffs trimmed their operating ...
Toyota Motor Corp. on Thursday cut its net profit forecast for the current fiscal year, projecting a 44.2 percent drop to ...
Import tariffs and rising costs are squeezing profits at the Detroit 3, and the financial strain is expected to hit factory ...
Toyota is sounding the loudest warning bell yet about tariffs. The automaker said it expected its profits to be $9.5 billion ...
Japan’s Toyota Motor said on Thursday it expected a hit of nearly $10 billion from President Donald Trump’s tariffs on cars imported into the United ...
Honda has also changed its average US$ 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 ...
Toyota Q2 financial data shows a 37% fall in profits to 841 billion yen ($5.7 billion) driven by U.S. tariffs.
US tariffs prompted Japanese auto giant Toyota on Thursday to cut its annual net profit forecast by 14 percent. The world's ...
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