menu
techminis

A naukri.com initiative

google-web-stories
source image

Insideevs

1d

read

111

img
dot

Image Credit: Insideevs

Toyota Issues Stark Warning On Tariffs: 'Not Sustainable'

  • Toyota warned that tariffs threaten to increase prices of its cars in the U.S., potentially making them unaffordable for American consumers.
  • The automaker's executives highlighted that half the vehicles sold in the U.S. are imported, emphasizing the unsustainability of the situation.
  • The impact of tariffs on Toyota's business was addressed at a press conference where new models like the RAV4 and bZ were unveiled.
  • Despite having a significant manufacturing presence in the U.S., Toyota still relies on imports from Japan, Canada, and Mexico to meet U.S. demand and maintain competitive pricing.

Read Full Article

like

6 Likes

For uninterrupted reading, download the app