A £3bn marketing budget has helped Japanese carmaker Toyota reverse last year's ¥77bn loss and post its biggest quarterly profit in over two years.
Toyota made a net profit of ¥190.4 billion (£1.4bn) in the three months to June, showing the company is moving forward from last year’s recall debacle. The company now expects to sell 7.38 million cars globally and make a net profit of 340bn yen in its financial year, which runs from April 2010 to March…
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