Toyota Europe's boss reconfirmed that the company's automaking operations will make money for the first time in five years. "Despite a difficult market, we are on track to return our automotive operations to a profit in the current fiscal year," Toyota Europe CEO Didier Leroy told Automotive News Europe.
Leroy first made the profitability prediction early this year, before economic conditions in Europe worsened. Europe is Toyota's fourth-largest market, after North America, Asia (excluding Japan) and Japan.
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