Toyota has projected a 21% decline in operating profits for the fiscal year, forecasting ¥3.8tn ($26bn) due to the impact of Donald Trump’s trade tariffs, which could cost the company ¥180bn for April and May. Amid these challenges, Toyota is considering a $42bn buyout of Toyota Industries, led by Akio Toyoda, which has led to a significant increase in its shares. This strategy may prompt other industrial groups to explore similar acquisitions as the global automotive industry navigates the uncertainty of evolving tariffs.
