Upbeat forecast from Toyota

Toyota, Japan's biggest carmaker, sees its full-year profit being much better than it had previously predicted.

That is because of cut costs, reduced spending and Japanese government schemes intended to boost vehicle sales.

It now expects operating profit for the year to the end of March to be the equivalent of 2.7 billion euros, which is 42 percent down on last year.

...
http://www.euronews.net/