What tariffs? Toyota hits record sales in 2025, despite Trump’s auto levies [MSNBC.com]
Toyota Motor Corporation (TM)
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Source: MSNBC.com
In this articleA Toyota dealership is seen on November 19, 2025 in Austin, Texas.Brandon Bell | Getty ImagesToyota Motor has retained its position as the world's top-selling automaker in 2025, posting record sales of 10.5 million units, the Japanese auto giantreportedSales ofVolkswagenNotably, demand was buoyed by strong U.S. sales of hybrid vehicles, such as the Prius and RAV4 models.Toyota's strength in the U.S. came despite an aggressive tariff regime rolled out by U.S. President Donald Trump, who initially imposed 25% levies on Japanese automotives, before reducing them to 15%.In the U.S., Toyota and Lexus vehicle sales climbed 7.3% to 2.93 million units.The results reflect success in Toyota's strategy of absorbing tariff-related costs rather than passing them on to consumers through broad price hikes, while focusing on local production and other cost controls.While the companyestimatedIn another sign of demand for global automotives, Toyota rival Hyundai Motor reported global rev
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