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Toyota May Be Losing $1 Million An Hour Due To Trump’s Tariffs
The U.S. has slapped 25% tariffs on auto imports, vehicle parts and steel and aluminum. The Trump administration has provided some trade relief, like reimbursements on vehicle part imports for U.S.-assembled models. But the impact on Toyota is colossal no matter how you look at it.
Some companies have not spoken out about what tariffs are costing them, but they have announced some changes in the pricing ...
Mazda Motor Co. withheld its annual profit guidance after its short-term future, along with most global carmakers, was ...
Robust demand for hybrids is expected to underpin steady profits at Toyota when the world's top automaker reports annual ...
Ford Motor has hiked prices on three of its Mexico-produced models effective May 2, becoming one of the first major ...
Some car manufacturers are already setting layoffs into motion, and student apprenticeship programs could be in jeopardy.
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