Ongoing tariff battles have taken a toll on the auto industry’s mainstays, with losses reaching $11.7 billion through the first half of 2025, according to industry figures.
Toyota (NYSE:TM) is a prime example, with the Japanese auto giant reporting operating income losses of $3 billion in its most recent financial reporting period. Volkswagen (OTC:VWAGY) and GM (NYSE:GM) also landed in the billion-dollar loss club, with the former losing $1.52 billion and the latter shedding $1.1 billion in the quarter ending June 30, 2025.
