Toyota boosts guidance despite $3B tariff hit, sees nearly $10B in duties for fiscal year
Toyota (TM), the world's largest automaker, is chugging along despite steep tariff hits to its business. The Japanese automaker said the impact of tariffs in its fiscal second quarter hit 450 billion yen (5.86 billion). Toyota also raised its full-year tariff projection to 1.45 trillion yen (9.11 billion). "Despite the impact of US tariffs, strong demand supported by produ ...