Toyota's Profits Plummet: Tariff Impact and Yen Appreciation 'Team Up' to Suppress!
Sales Hit Record Highs, but Profits Drop Sharply!
Toyota's latest financial report shows that despite achieving a historic high in sales, net profit has dropped by 3.6%, falling to $33 billion! The reason is the new tariffs in the United States and the appreciation of the yen, which have dealt a heavy blow to the world's largest automaker. 💥
Dual Pressure from Tariffs and Exchange Rates
The 25% import tariff in the U.S. has directly cost Toyota $1.2 billion, while the yen's appreciation has reduced overseas profits, compressing the entire cost structure to the point of gasping for air! ⛔
Future Direction: Local Production + Electrification
In response to the crisis, Toyota is accelerating local production and heavily investing in electric vehicle technology, striving to keep pace in the global automotive battle. 🚗⚡
Challenges Remain: Can Toyota Overcome the Predicament?
Although the outlook for the 2025 fiscal year is not optimistic, Toyota's adjustment plan is packed with substance! If it can successfully transform and tackle global trade and electrification challenges, the future still holds promise!