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Honda quarterly profits drop by half as carmaker feels effects of Trump tariffs
Fall in operating profits also due to losses on electric car sales in US but 50% drop is less than manufacturer estimated
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cnbc.com
Honda Motor quarterly profit halves as U.S. auto tariffs bite
Honda's first-quarter operating profit fell 50%, missing estimates due to U.S. auto tariffs and a stronger yen.
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theguardian.com
Honda quarterly profits drop by half as carmaker feels effects of Trump tariffs
Fall in operating profits also due to losses on electric car sales in US but 50% drop is less than manufacturer estimated
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Toyota Motor June-quarter profit beats estimates — but drops 11% as U.S. tariffs bite
Toyota Motor reported higher-than-expected operating profit for the June-quarter, even as the auto company grapples with U.S. tariffs.
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Toyota warns of £7.1bn hit from Trump tariffs as it cuts profit forecast
Japanese carmaker cuts operating profit guidance by 16% day after rival Honda reported 50% drop in profits
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cnn.com
Toyota, world’s biggest carmaker, warns of unprecedented $9.5 billion profit hit from tariffs | CNN Business
Japan’s Toyota Motor said Thursday that it expected a profit hit of nearly $10 billion from President Donald Trump’s tariffs on cars imported into the United States, the highest…
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fortune.com
Tariffs will cost Toyota $9.5 billion in profits this year
Honda, GM and more also say they'll make billions of dollars less than initially expected.
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Toyota slashes outlook on tariff concerns as profit plunges 37%
Toyota Motor Corp.’s April-June profit totaled 841 billion yen ($5.7 billion), down from 1.33 trillion yen in the same period of 2024.