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Toyota Predicts Significant Profit Decline Amid Trade Conflicts

Toyota Predicts Significant Profit Decline Amid Trade Conflicts

Thu 8 May 2025 07:28 CEST

The Japanese car manufacturer Toyota expects a significant profit slump due to the trade conflicts that have broken out since Donald Trump took over as the US President. The prospects look darker than feared

Volvo and Major Automakers Fined 458 Million Euros for Cartel Involvement

Volvo and Major Automakers Fined 458 Million Euros for Cartel Involvement

Tue 1 Apr 2025 16:56 CEST

The EU has imposed fines totaling 458 million euros, equivalent to approximately 4. 9 billion kronor, on 15 vehicle manufacturers and the industry's employer organization (ACEA) for participating in a cartel

Japanese Car Stocks Tumble After Trump's Tariff Announcement

Japanese Car Stocks Tumble After Trump's Tariff Announcement

Thu 27 Mar 2025 01:50 CET

Japanese car manufacturers plummet on the Tokyo Stock Exchange since USA's President Donald Trump announced 25-percent tariffs on all vehicles manufactured outside the USA.

Toyota's win boosted by weak yen

Toyota's win boosted by weak yen

Thu 1 Aug 2024 08:10 CEST

The Japanese car giant Toyota reported an operating profit of approximately 94 billion kronor for the first quarter of the broken fiscal year. It was an increase of 17 percent compared to the same period last year

After the Crash: Rovanperä Replaces Ogier

After the Crash: Rovanperä Replaces Ogier

Wed 26 Jun 2024 10:39 CEST

Rally star Sébastien Ogier sustained no serious injuries in the crash during Tuesday's training. He had to stay in hospital overnight for observation – and will not start in the Polish World Championship rally