- Toyota Sounds the loudest warning bell over tariffs. The car manufacturer said that its profits will be $ 9.5 billion this year, since the Trump tariffs for cars that were imported into the US large car manufacturers have also warned against multi-billion dollar hits.
When the tariffs start to equip themselves, investors warn that the taxes will be deeply entered into their profits this year.
The largest car manufacturer in the world on Thursday said it was expected that his profits would be 9.5 billion US dollars lower This year the Trump tariffs for cars imported in the USA is the highest influence that a company has so far given.
The company also said that it reduced its total annual profit forecast by 16%.
Toyota now says that operational profit of 21.7 billion US dollars is expected.
A trading business last month has reduced the tariff for imported cars and parts from 27.5% to 15%, but this is still six times higher than Toyota and other car manufacturers paid at the beginning of 2025.
Large car manufacturers are more likely to lose tariffs to keep the costs of their cars stable and frighten consumers.
“To be honest, it is very difficult for us to predict what will happen in relation to the market environment,” said Takanori Azuma, Toyota’s finance manager in a briefing.
While Toyota predicts the greatest loss of profit due to tariffs, it is hardly solely when reducing its forecasts. HondaOn Wednesday it expects the tariffs to win a profit of around 3 billion US dollars this year, which is lower than the first estimates. Nissan A profit of 2 billion US dollars is affected.
GM is now forecasting profits between 4 and 5 billion US dollars lower than expected this year. According to Ford, gross revenue will score a hit of $ 3 billion throughout the year. And Jeep Maker Sternantis Expects the tariffs to increase the costs of 1.7 billion US dollars this year.