Toyota Forecasts a 35 Percent Net Income Decrease as Tariffs Cut Into Margins

Toyota believes that U.S. tariffs will contribute to a 1.6 trillion yen reduction in net income for fiscal year 2026.
By: Joe Kucinski | May 9, 2025

Toyota believes that U.S. tariffs will contribute to a 1.6 trillion yen reduction in net income for fiscal year 2026.
By: Joe Kucinski | May 9, 2025

Slideshow: A 1998 Toyota Land Cruiser from Laos has been radically transformed to mimic a 2022 model—inside and out.
By: Verdad Gallardo | May 7, 2025

Though it’s a well-rounded machine, the 2025 Lexus RX500h didn’t quite manage to best some of its newer competition.Â
By: Brett Foote | May 6, 2025

Slideshow: Ten Lexus SUVs ranked by off-road capability.
By: Joe Kucinski | May 6, 2025

Slideshow: Top 10 Lexus performance model ever built.
By: Joe Kucinski | April 30, 2025
While the BMW M5 is a better car on paper that was more expensive when new, collectors are choosing the Lexus GS F, regardless.
By: Brett Foote | April 25, 2025

The all-new 2026 Lexus ES represents a radical departure from the current model, both inside, outside, and underneath.
By: Brett Foote | April 25, 2025