Toyota estimates tariffs will cost it A$15 billion this financial year
Toyota estimates tariffs in the US will cost it ¥1.4 trillion ($14.5 billion) in this financial year, which ends March 2026. That's up ¥1.2 trillion ($12.5 billion) from the previous financial year.
The US and Japan recently signed a deal, which will see tariffs on most Japanese imports, including cars and automotive components, reduced to 15 per cent, but it's unclear when that will come into force.
CarExpert can save you thousands on a new car. Click here to get a great deal. Supplied Credit: CarExpert
Toyota also operates three plants in Ontario, Canada, which make the RAV4, as well as the Lexus RX and NX. The company also has two factories in Mexico which produce the Tacoma ute.
Thanks to an on-going trade war started by President Trump, cars imported from Canada and Mexico are subject to a 25 per cent tariff on components that don't meet the criteria set out in the United States Mexico Canada Agreement free-trade pact signed during President Trump's first term.
With Toyota now confident enough to guesstimate how much tariffs will cost, it has issued a prediction for its full year profit, which it believes will fall to 3.2 trillion ($33.2 billion). That's down ¥1.6 trillion ($16.6 billion) from the financial year that finished March 2025. Supplied Credit: CarExpert
Toyota expects sales for the financial year to stay flat at 11.2 million vehicles, with Japan accounting for 1.5 million of those.
In its results for the April to June 2025 quarter, the company made a profit of ¥1.2 trillion, down 11 per cent from the same time last year.
Due to the tariff situation, North America posted a ¥21.1 billion loss, down from a ¥85 billion profit during the same period last year. Supplied Credit: CarExpert
Toyota's North American operations isn't the only one suffering from tariff uncertainty.
Ford posted a US$36 million (A$55.9 million) loss in the April to June quarter despite record revenue numbers, and predicted it could lose around US$3 billion (A$4.66 billion) in tariff costs for the full year of 2025.
GM lost US$1.1 billion (A$1.68 billion) in the April to June quarter, blaming it all on the tariff situation.
Stellantis, the parent of Jeep, Ram, Dodge, Chrysler, Peugeot, Citroen, Fiat and others, recorded a €2.3 billion (A$4.1 billion) loss for the first half of the year, although most of that comes from restructuring and cancelling development programs.
The French-Italian-American automaker expects tariffs to cost it up to €1.5 billion (A$2.7 billion) for the full year.
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They were among almost 1000 entrants and five pairs of finalists who took part in this incredible competition to win a luxurious Ti-L version of Nissan's flagship, V8-powered off-road SUV, run in partnership with Nissan Australia. If you cast your mind back a few weeks, entrants were required to pick a spot on a map where they thought the brand-new Nissan Patrol Ti-L was hidden using three clues supplied, and then submit a video explaining their previous off-road driving experience and why they wanted to come and join us to hunt for Nissan's legendary SUV. CarExpert can save you thousands on a new Nissan. Click here to get a great deal. After a rigorous selection process, judges narrowed the finalists down to five couples (and by couples we mean pairs of entrants), who joined Nissan and CarExpert in the Bendleby Ranges where the Nissan Patrol was hidden. 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MORE: Explore the Nissan Patrol showroom Content originally sourced from: Nissan Oceania managing director Andrew Humberstone has handed over the keys of a brand-new Nissan Patrol to winner Beth and driving partner (and son) Travers, courtesy of Nissan Australia. They were among almost 1000 entrants and five pairs of finalists who took part in this incredible competition to win a luxurious Ti-L version of Nissan's flagship, V8-powered off-road SUV, run in partnership with Nissan Australia. If you cast your mind back a few weeks, entrants were required to pick a spot on a map where they thought the brand-new Nissan Patrol Ti-L was hidden using three clues supplied, and then submit a video explaining their previous off-road driving experience and why they wanted to come and join us to hunt for Nissan's legendary SUV. CarExpert can save you thousands on a new Nissan. Click here to get a great deal. 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Each couple was given a camera and tasked with snapping a photo of a Nissan Patrol that was hidden in the bush under a camouflage net. Some of the enterprising couples were clever about this challenge and took as many photos as they could. But ultimately they could only submit one for judging from all of the photos they took as part of the event. Judges then checked the photos to ensure the correct location was discovered, awarding points to those that accurately spotted the car. From there entrants moved on to a quiz, which included a set of questions they had to answer relating to the Patrol, and the Bendleby and Flinders Ranges. Again, points were awarded for each correct answer. The final task entrants had to undertake was using metal detectors in an old shearing shed to find a hidden key. It was a big shed and they were given only five minutes to track the key down using only the metal detector. Entrants were then awarded points depending on how quickly they found the key. After spending the best part of the day completing the tasks, the competitors finally congregated for the final results. Our winning couple, a mother and son combo, were absolutely ecstatic about what Travers described as their "life-changing" win. Beth explained that Travers currently has an infant and that he and his wife are expecting another soon. They had an agreement prior to the competition that Travers could claim the prize if he filled the Patrol's seats with grandkids. After being handed the keys to the brand-new Patrol Ti-L, Travers said his first trip would be to visit Beth's farm with his growing clan. MORE: Explore the Nissan Patrol showroom Content originally sourced from:
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Above: Jeep Wrangler Rubicon 392 "Jeep fans, don't worry, the 6.4-litre Hemi V8 will have a home at Jeep," he said. "After being out at the Rubicon Trail, it's clear just how much people love the roar of the 392. "We will extend the availability of the 392 Wrangler and, in fact, we will tap the power and performance of the Hemi across Jeep products as new projects are already underway." Jeep's global boss confirmed the Gladiator will also join the V8 club with its own Rubicon 392 variant, which should produce the same 336kW of power and 610Nm of torque as the Wrangler Rubicon 392. Above: Jeep CEO Bob Broderdorf "Wrangler and Gladiator fans, and Hemi fans in general, don't worry – we got you," said Mr Broderdorf. 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Above: Jeep Wagoneer S Confirmed for Australian release back in 2022, the Wagoneer S mid-size electric SUV and the more hardcore Jeep Recon EV, which is expected to launch in the US in November, now appear to be further out than 2026. "For now, we have new Compass coming second half of next year and will update you on the others closer to [launch]" said the Jeep Australia spokesperson. A new Cherokee mid-size SUV will be released late this year in the US but won't come to Australia, although mild-hybrid and perhaps 4xe all-wheel drive versions of Jeep's first EV, the Avenger, are expected to be sold here. MORE: Discover the Jeep showroom Content originally sourced from: Jeep has confirmed its big-bore 6.4-litre Hemi V8 will be offered in the Gladiator dual-cab pickup for the first time, as well as more widely across the Wrangler lineup. It comes after the lauded 5.7-litre Hemi V8 returned to the Ram 1500 pickup range following the relaxation of US fuel consumption and emissions regulations, with the supercharged 6.2-litre Hellcat V8 of the defunct TRX potentially returning next. The news is significant, given the Wrangler Rubicon 392 – a limited-edition model variant name that denotes its engine displacement in cubic inches – was expected to be discontinued after 2023, and had even received a Final Edition. Instead, Jeep CEO Bob Broderdorf told US media late last week not only that the 6.4-litre 'Apache' V8 wasn't going anywhere, but would become more widely available across the Wrangler and, for the first time, Gladiator lineups – and potentially other Jeep model lines. CarExpert can save you thousands on a new Jeep. Click here to get a great deal. Above: Jeep Wrangler Rubicon 392 "Jeep fans, don't worry, the 6.4-litre Hemi V8 will have a home at Jeep," he said. "After being out at the Rubicon Trail, it's clear just how much people love the roar of the 392. "We will extend the availability of the 392 Wrangler and, in fact, we will tap the power and performance of the Hemi across Jeep products as new projects are already underway." Jeep's global boss confirmed the Gladiator will also join the V8 club with its own Rubicon 392 variant, which should produce the same 336kW of power and 610Nm of torque as the Wrangler Rubicon 392. Above: Jeep CEO Bob Broderdorf "Wrangler and Gladiator fans, and Hemi fans in general, don't worry – we got you," said Mr Broderdorf. However, it remains to be seen whether any V8 Jeeps will be sold in Australia, given the Wrangler Rubicon 392 is so far produced only in left-hand drive and the federal government's New Vehicle Efficiency Standard (NVES) is now applying penalties to auto brands that don't meet tightening CO2 emissions limits. "Nothing to announce on the 392s but will let you know if we do," a Jeep Australia spokesperson told CarExpert. Another handbrake in the chances of the V8-powered Wrangler or Gladiator coming to Australia is slowing sales of the former, with Wrangler sales down almost 47 per cent in the first half of this year. In response, Jeep Australia last month axed entry-level Sport S and mid-range Overland variants of the Wrangler, leaving only two-door and four-door versions of its flagship Rubicon trim remaining on sale here, priced slightly lower at $79,990 and $82,990 respectively in updated MY25 guise, before on-road costs. Meantime, the Gladiator dual-cab is available in just one flagship MY25 Rubicon variant that's also priced slightly lower at $82,990 plus on-roads, following a 16.6 per cent sale increase to June in 2025. Above: 2026 Jeep Compass However, the Gladiator remains Australia's slowest-selling pre-existing dual-cab 4×4 ute, with fewer than 200 examples sold so far this year. And Jeep Australia sales are down more than 19 per cent despite the Grand Cherokee increasing in popularity by more than 44 per cent to become its best-seller once again, at least until runout stocks are sold and the large SUV is discontinued in this market. Jeep Compass sales are down by more than two-thirds in one of the fastest growing segments (small SUV) in 2025, but a new generation will be released locally in the second half of 2026. Above: Jeep Wagoneer S Confirmed for Australian release back in 2022, the Wagoneer S mid-size electric SUV and the more hardcore Jeep Recon EV, which is expected to launch in the US in November, now appear to be further out than 2026. "For now, we have new Compass coming second half of next year and will update you on the others closer to [launch]" said the Jeep Australia spokesperson. A new Cherokee mid-size SUV will be released late this year in the US but won't come to Australia, although mild-hybrid and perhaps 4xe all-wheel drive versions of Jeep's first EV, the Avenger, are expected to be sold here. MORE: Discover the Jeep showroom Content originally sourced from: Jeep has confirmed its big-bore 6.4-litre Hemi V8 will be offered in the Gladiator dual-cab pickup for the first time, as well as more widely across the Wrangler lineup. It comes after the lauded 5.7-litre Hemi V8 returned to the Ram 1500 pickup range following the relaxation of US fuel consumption and emissions regulations, with the supercharged 6.2-litre Hellcat V8 of the defunct TRX potentially returning next. The news is significant, given the Wrangler Rubicon 392 – a limited-edition model variant name that denotes its engine displacement in cubic inches – was expected to be discontinued after 2023, and had even received a Final Edition. Instead, Jeep CEO Bob Broderdorf told US media late last week not only that the 6.4-litre 'Apache' V8 wasn't going anywhere, but would become more widely available across the Wrangler and, for the first time, Gladiator lineups – and potentially other Jeep model lines. CarExpert can save you thousands on a new Jeep. Click here to get a great deal. Above: Jeep Wrangler Rubicon 392 "Jeep fans, don't worry, the 6.4-litre Hemi V8 will have a home at Jeep," he said. "After being out at the Rubicon Trail, it's clear just how much people love the roar of the 392. "We will extend the availability of the 392 Wrangler and, in fact, we will tap the power and performance of the Hemi across Jeep products as new projects are already underway." Jeep's global boss confirmed the Gladiator will also join the V8 club with its own Rubicon 392 variant, which should produce the same 336kW of power and 610Nm of torque as the Wrangler Rubicon 392. Above: Jeep CEO Bob Broderdorf "Wrangler and Gladiator fans, and Hemi fans in general, don't worry – we got you," said Mr Broderdorf. However, it remains to be seen whether any V8 Jeeps will be sold in Australia, given the Wrangler Rubicon 392 is so far produced only in left-hand drive and the federal government's New Vehicle Efficiency Standard (NVES) is now applying penalties to auto brands that don't meet tightening CO2 emissions limits. "Nothing to announce on the 392s but will let you know if we do," a Jeep Australia spokesperson told CarExpert. Another handbrake in the chances of the V8-powered Wrangler or Gladiator coming to Australia is slowing sales of the former, with Wrangler sales down almost 47 per cent in the first half of this year. In response, Jeep Australia last month axed entry-level Sport S and mid-range Overland variants of the Wrangler, leaving only two-door and four-door versions of its flagship Rubicon trim remaining on sale here, priced slightly lower at $79,990 and $82,990 respectively in updated MY25 guise, before on-road costs. Meantime, the Gladiator dual-cab is available in just one flagship MY25 Rubicon variant that's also priced slightly lower at $82,990 plus on-roads, following a 16.6 per cent sale increase to June in 2025. Above: 2026 Jeep Compass However, the Gladiator remains Australia's slowest-selling pre-existing dual-cab 4×4 ute, with fewer than 200 examples sold so far this year. And Jeep Australia sales are down more than 19 per cent despite the Grand Cherokee increasing in popularity by more than 44 per cent to become its best-seller once again, at least until runout stocks are sold and the large SUV is discontinued in this market. Jeep Compass sales are down by more than two-thirds in one of the fastest growing segments (small SUV) in 2025, but a new generation will be released locally in the second half of 2026. Above: Jeep Wagoneer S Confirmed for Australian release back in 2022, the Wagoneer S mid-size electric SUV and the more hardcore Jeep Recon EV, which is expected to launch in the US in November, now appear to be further out than 2026. "For now, we have new Compass coming second half of next year and will update you on the others closer to [launch]" said the Jeep Australia spokesperson. A new Cherokee mid-size SUV will be released late this year in the US but won't come to Australia, although mild-hybrid and perhaps 4xe all-wheel drive versions of Jeep's first EV, the Avenger, are expected to be sold here. MORE: Discover the Jeep showroom Content originally sourced from: Jeep has confirmed its big-bore 6.4-litre Hemi V8 will be offered in the Gladiator dual-cab pickup for the first time, as well as more widely across the Wrangler lineup. It comes after the lauded 5.7-litre Hemi V8 returned to the Ram 1500 pickup range following the relaxation of US fuel consumption and emissions regulations, with the supercharged 6.2-litre Hellcat V8 of the defunct TRX potentially returning next. The news is significant, given the Wrangler Rubicon 392 – a limited-edition model variant name that denotes its engine displacement in cubic inches – was expected to be discontinued after 2023, and had even received a Final Edition. Instead, Jeep CEO Bob Broderdorf told US media late last week not only that the 6.4-litre 'Apache' V8 wasn't going anywhere, but would become more widely available across the Wrangler and, for the first time, Gladiator lineups – and potentially other Jeep model lines. CarExpert can save you thousands on a new Jeep. Click here to get a great deal. Above: Jeep Wrangler Rubicon 392 "Jeep fans, don't worry, the 6.4-litre Hemi V8 will have a home at Jeep," he said. "After being out at the Rubicon Trail, it's clear just how much people love the roar of the 392. "We will extend the availability of the 392 Wrangler and, in fact, we will tap the power and performance of the Hemi across Jeep products as new projects are already underway." Jeep's global boss confirmed the Gladiator will also join the V8 club with its own Rubicon 392 variant, which should produce the same 336kW of power and 610Nm of torque as the Wrangler Rubicon 392. Above: Jeep CEO Bob Broderdorf "Wrangler and Gladiator fans, and Hemi fans in general, don't worry – we got you," said Mr Broderdorf. However, it remains to be seen whether any V8 Jeeps will be sold in Australia, given the Wrangler Rubicon 392 is so far produced only in left-hand drive and the federal government's New Vehicle Efficiency Standard (NVES) is now applying penalties to auto brands that don't meet tightening CO2 emissions limits. "Nothing to announce on the 392s but will let you know if we do," a Jeep Australia spokesperson told CarExpert. Another handbrake in the chances of the V8-powered Wrangler or Gladiator coming to Australia is slowing sales of the former, with Wrangler sales down almost 47 per cent in the first half of this year. In response, Jeep Australia last month axed entry-level Sport S and mid-range Overland variants of the Wrangler, leaving only two-door and four-door versions of its flagship Rubicon trim remaining on sale here, priced slightly lower at $79,990 and $82,990 respectively in updated MY25 guise, before on-road costs. Meantime, the Gladiator dual-cab is available in just one flagship MY25 Rubicon variant that's also priced slightly lower at $82,990 plus on-roads, following a 16.6 per cent sale increase to June in 2025. Above: 2026 Jeep Compass However, the Gladiator remains Australia's slowest-selling pre-existing dual-cab 4×4 ute, with fewer than 200 examples sold so far this year. And Jeep Australia sales are down more than 19 per cent despite the Grand Cherokee increasing in popularity by more than 44 per cent to become its best-seller once again, at least until runout stocks are sold and the large SUV is discontinued in this market. Jeep Compass sales are down by more than two-thirds in one of the fastest growing segments (small SUV) in 2025, but a new generation will be released locally in the second half of 2026. Above: Jeep Wagoneer S Confirmed for Australian release back in 2022, the Wagoneer S mid-size electric SUV and the more hardcore Jeep Recon EV, which is expected to launch in the US in November, now appear to be further out than 2026. "For now, we have new Compass coming second half of next year and will update you on the others closer to [launch]" said the Jeep Australia spokesperson. A new Cherokee mid-size SUV will be released late this year in the US but won't come to Australia, although mild-hybrid and perhaps 4xe all-wheel drive versions of Jeep's first EV, the Avenger, are expected to be sold here. MORE: Discover the Jeep showroom Content originally sourced from:
