20 May 2010

Toyota reports £1.53bn profit

Toyota has announced a dramatic change in fortunes as it revealed an increase in net income from a loss of £2.92bn last year to a net profit of £1.53bn for the year ended in April. This is very good news for the Derby-based workforce who are now preparing for production to start on the hybrid Auris model this summer. This will be the first hybrid vehicle to be manufactured in the UK and is expected to be extremely popular considering recent price rises in fuel.

Marketing Derby

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