Overview
- Toyota reported April–September global sales up 4.7% to 5,267,216 vehicles, with production rising 6.0% to 4,985,122 for a period record.
- The company projects fiscal-year net profit will fall 44.2% to 2.66 trillion yen, citing higher U.S. auto tariffs that cost-cutting and product mix improvements will not fully offset, and it plans to lessen reliance on North America by expanding in China and other Asian markets.
- The U.S. raised the auto tariff to 27.5% in April, and vehicles from Japan now face a 15% rate after a September agreement.
- Regional results showed U.S. sales up 11.3% to 1,295,606 on strong hybrid demand, China up 5.5% to 914,342 helped by a new EV and hybrids, and Japan down 0.4% to 713,967 during a recall recovery.
- September marked continued momentum with global sales up 3.1% to 879,314 for a ninth straight monthly gain and output up 11.1% to a monthly record.