Reported 25 days ago
Toyota and Honda are set to announce reduced first-quarter earnings this week as US import tariffs and a stronger yen impact profits, despite solid hybrid demand. Toyota is expected to see a 31% drop in operating profit, while Honda may report a 36% decline. The two automakers face increasing market uncertainties in the U.S. due to rising vehicle prices from tariffs. Investors will scrutinize their strategies for addressing these challenges.
Source: YAHOO