Toyota Suppliers Look to Pass on Tariff Costs With Price Hikes

Major suppliers to Toyota Motor Corp. are assessing price hikes and changes to logistics to mitigate the impact of President Donald Trump’s tariffs on cars and auto parts imported to the US.

Denso Corp. saw a ¥12.5 billion ($84 million) hit to operating profit in the quarter ended June 30 due to tariffs, it said Thursday. The vehicle parts supplier estimates the impact for the full fiscal year ending in March 2026 may land closer to ¥130 billion, though it expects to be able to fully mitigate that through measures including price adjustments and it will benefit from a ...