Farley said during the earnings call Ford’s new EV strategy is the result of consumer demand trends while regulations change.

Escalating U.S. tariffs under Trump are inflicting billions in losses on the global auto industry, hitting Japan’s Toyota and ...

Toyota warned Thursday that Trump’s auto tariffs could cost the company nearly $10 billion, the steepest estimate yet among ...

The Trump administration’s latest tariffs are expected to drive up prices for U.S. consumers, with costs rising for everyday ...

The auto sector is taking President Trump's tariffs on the chin. Toyota, the world's largest automaker, was the latest to ...

Trump unveiled sweeping import taxes on goods coming into the U.S. from 66 countries, the European Union, Taiwan and the ...

Toyota Motor Corporation announced that it plans to build a new vehicle manufacturing plant in Japan, despite the recent import tariff hikes in the US. Japan’s largest automaker said that it aims to ...

Carmakers worldwide have already lost nearly $12bn (€10.3bn; £8.9bn) as a result of higher US duties on imports, according to ...

The change will mean Trump’s reciprocal tariff rate of 15% on Japan will not stack on top of existing sector-specific levies, ...

Japanese stocks rallied Friday on a broadly negative day for Asian markets, fuelled by relief that Tokyo and Washington had ...

Toyota has reported its profit plunged 37% in the April-June quarter and it lowered its full year earnings forecasts, largely because of President Donald Trump's tariffs.

Profit hits and price hikes are already coming down the pike as a result of new U.S. tariffs, according to economists.