Toyota Forecasts 20% Profit Decline Amid U.S. Tariffs and Currency Headwinds
-
LN24 / 6 months
- 0
- 2 min read
Toyota Motor Corporation has projected a 20% drop in its annual profit, citing the effects of U.S. trade tariffs and a weakening dollar, which have significantly impacted its North American operations. The world’s largest automaker by volume expects its operating income to fall to 3.8 trillion yen ($25.2 billion) in the fiscal year ending March […]