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Japan's Toyota Motor said Thursday that it expected a profit hit of nearly $10 billion from President Donald Trump's tariffs on cars imported into the United States, the highest such estimate. Toyota has reported its profit plunged 37% in the April-June quarter and it lowered its full year earnings forecasts, largely because of President Donald Trump's tariffs. Next 2026 Toyota Highlander Gets Standard All Wheel Drive Across the Lineup SPECIAL ANNOUNCEMENT: Have you signed up for our monthly newsletter? about Newsroom Connection.

Toyota expects a $9.5bn hit from United States President Donald Trump's tariffs on cars imported to the US, the largest of any company to date, underscoring growing margin pressures. The world. Toyota Motor forecast a 21% profit decline for the current financial year on Thursday, as the strain from US President Donald Trump's tariffs and an appreciating yen take some of the shine off.

PLANO, Texas (Sep. 5, 2025) - Toyota today announces the 2026 Highlander, which continues moving forward with bold style, a well-appointed three row interior, ample room for passengers and cargo, and a choice of gas or hybrid powertrains. For 2026, Highlander makes All Wheel Drive standard on gas models and a simplified grade structure, with feature.

Toyota has retained its lead as the world's biggest automaker by sales, beating German rival Volkswagen for the fourth consecutive year. Toyota is recalling about 280,000 pickups and SUVs in the United States because the engine may not disengage entirely when in neutral. The Japanese government ordered Toyota Motor on Wednesday to make "drastic reforms" after discovering new violations in the automaker's vehicle certification procedures.

A safety test scandal at Japanese automakers widened Monday, with Toyota Motor and Mazda both halting shipments of some vehicles after Japan's transport ministry found irregularities in.