Tag Archives: business downturn

Toyota sees 21% profit decline as tariffs take a bite

Toyota sees 21% profit decline as tariffs take a bite

You need to be aware that Toyota is forecasting a 21% profit decline for the current financial year, highlighting significant challenges ahead for the global automaker. The impact of US tariffs and a stronger yen is weighing heavily on their earnings, despite solid demand for hybrid vehicles. As these factors drive up costs and consumer […]