
Business / Corporate Jul 31, 2018
Toyota group member Denso estimates U.S. auto tariffs could cost it ¥80 billion a year
Auto parts supplier Denso Corp. said Tuesday that U.S. tariffs on imported cars and auto parts, if invoked, could result in some ¥70 billion to ¥80 billion in additional costs for the company each year. "It is a very worrying factor," Yasushi Matsui, executive director ...