Yomiuri: Toyota, Honda See Only Slight Increase in U.S. Sales After Pre-Tariff Rush

Dow Jones
07/04
 

By Yasuhiro Kobayashi

Yomiuri Shimbun Correspondent

 

NEW YORK -- Toyota Motor Corp. and Honda Motor Co. reported a slight increase in new car sales in the United States for June year on year, while Subaru Corp. and Mazda Motor Corp. logged a decrease, according to data released by the four major Japanese automakers on Tuesday.

The results reflect the aftermath of a buying rush seen in the wake of tariff measures announced by the administration of U.S. President Donald Trump.

Toyota's U.S. sales in June increased 0.1% to 193,248 units, which is a slowdown compared to the 11% increase in May and 10% increase in April. Honda's sales rose 2% to 114,486 units. Like Toyota, this shows a slowdown from the 7% increase in May and 18% increase in April.

Meanwhile, Subaru's sales fell 16% to 46,515 units, and Mazda's sales dropped 6% to 33,385 units, both marking their second consecutive month of year-on-year declines. In May, Subaru fell 10% and Mazda fell 19%.

According to quarterly data released the same day by Nissan Motor Co., the automaker saw its U.S. sales for the April-June period down 6%, compared to the same period last year, to 221,441 units. This marks a reversal from a 6% increase in the January-March period.

Mitsubishi Motors Corp. also logged a decrease for the April-June period, by 3% to 22,116 units. Sales in the January-March period had risen 11%.

On April 3, the Trump administration imposed an additional 25% tariff on imported automobiles. In response, there was a rush to purchase new cars in the United States before the price increase, but sales growth is likely to slow down going forward.

Furthermore, Japanese automakers have primarily sold inventory accumulated before the tariff implementation, so the impact of tariff costs on prices has been limited. If the tariff measures are not revised through Japan-U.S. negotiations, widespread price hikes will likely be inevitable, raising concerns about a sales decline.

----

This article is from The Yomiuri Shimbun. Neither Dow Jones Newswires, MarketWatch, Barron's nor The Wall Street Journal were involved in the creation of this content.

YDN-m0000126347-1

 

(END) Dow Jones Newswires

July 04, 2025 06:57 ET (10:57 GMT)

Copyright (c) 2025 The Yomiuri Shimbun

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10