Toyota boosts profit forecast after blowout results, says it will sell more cars in Europe, North America

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Toyota Motor Corporation on Wednesday outstripped analysts’ expectations after profit surged in three-months ending in September, as it lifted its profit forecasts by more than 50%.

The world’s top carmaker told investors it generated revenues worth  ¥11.43 trillion ($75.6 billion) in its fiscal second quarter, as it benefited from favorable exchange rates and sold more vehicles in all regions worldwide.

Toyota’s…

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