Toyota projects profit boost despite Europe sales decline

Toyota Motor shares jumped the most in more than seven months after the carmaker announced a shares buyback and gave a profit guidance that assuaged concerns about a slowing US market and stronger yen weighing on earnings.

Toyota projects profit boost despite Europe sales decline
Thu, 10 May, 2018 - 09:00

By Kevin Buckland and Nao Sano

Toyota Motor shares jumped the most in more than seven months after the carmaker announced a shares buyback and gave a profit guidance that assuaged concerns about a slowing US market and stronger yen weighing on earnings.

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