Toyota Says Tariffs Could Cost Suppliers up to $1B
June 6, 2019
Toyota told U.S. dealers that tariffs on Mexican imports could cost the automaker's major suppliers between $215 million and $1.07 billion.
June 6, 2019—Toyota told U.S. dealers that tariffs on Mexican imports could cost suppliers up to $1.07 billion, reported CNBC.
The news comes from an email seen by Reuters.
The email, dated June 3, from Toyota’s North American sales chief, Bob Carter, also told dealers that 65 percent of the Tacoma midsize pickup trucks the Japanese automakers plans to sell in the U.S. market in 2019 will be imported from its plant in Baja, Mexico.
We arm you with products that build trust, tools that unlock productivity, and training that drives business performance, so you feel confident in where your...
Connect with Valvoline experts to increase operational efficiency and customer loyalty – from Valvoline-funded promotions to hands-on training, we’re here to...
