Toyota finance deals in Q1 2024

In Q1 2024, Toyota’s finance deals facilitated an estimated $12 billion in auto loans. This volume is comparable to pre-pandemic levels, instilling confidence among institutional holders who value the finance arm’s contribution to consolidated earnings. Rockets general manager Rafael Stone declined to comment Monday on the state of contract negotiations with Durant or with fourth-year forward Tari Eason, who is eligible to sign a rookie-scale extension up until Oct. 20. The Rockets signed Jabari Smith Jr. to a five-year rookie extension earlier this offseason and must consider their long-term finances when negotiating future deals with Durant and Eason. Per Reuters , Japan's Prime Minister Shigeru Ishiba confirmed that auto tariffs will be lowered to 15% from the current 25% auto sector tariffs as part of the deal. By comparison, prior to Trump’s imposition of sector auto tariffs, Japanese car imports were subject to only 2.5% tariffs. Economic strategists consider Toyota finance deals part of a wider financial ecosystem integration, where auto finance quality impacts corporate bond spreads and, indirectly, equity risk premiums in portfolio models.