They are threatening smaller parts companies that are key to manufacturing and employ hundreds of thousands in Japan, South Korea and Germany.
Category: Toyota Motor Corp
Hybrid Cars, Once Derided and Dismissed, Have Become Popular
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Republican Bill to End E.V. Tax Credit Could Hurt G.M. and Ford
A House Republican bill introduced this week would do away with tax credits that had encouraged Americans to buy electric vehicles and automakers to invest in new factories.
Tariff Misery in Japan: Honda and Nissan Forecast Plunges in Profit
Japanese business leaders and officials were indignant at the U.S. decision to pause China tariffs, while Japan faces economic hardship from auto levies.
Toyota Says Tariffs Will Erase $1.3 Billion in Profits in Just 2 Months
The automaker’s somber forecast for the fiscal year underscored how quickly fortunes have turned for many companies reckoning with President Trump’s tariffs.
