Toyota to Raise Supplier Purchase Prices in First Half of FY 2025
2025-02-12 / Read about 0 minute
Author:小编   

Toyota intends to increase the purchase prices of automotive components during the first half of fiscal year 2025, spanning from April to September. Kazunari Kumakura, the company's procurement director, clarified in an online briefing that this adjustment is intended to address the escalating energy and labor costs being experienced by Japanese suppliers. The exact percentage of the increase has not been publicly disclosed.