Toyota Profits, Imports Pull Ahead, Tariffs Just Around the Corner — Panjiva
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Toyota Profits, Imports Pull Ahead, Tariffs Just Around the Corner

Cons. Discr. - Autos 1247 Japan 629 Programmatic 34 U.S. 5399

Toyota reported an 8.7% year over year increase in operating profits in the second quarter, in large part due to a focus on sales of SUVs. Panjiva data, retrieved via Xpressfeed, shows that Toyota’s U.S. seaborne imports surged 10.6% year over year in the three months to Jun. 30, predominantly due to parts shipments to its U.S. assembly plants. Growth accelerated to 18.3% year over year in July, perhaps indicating a degree of stockpiling ahead of the risk of future automotive tariff increases. By volume imports are led by oil products, which represented 31.3% of the total in 2018, follow...

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