Toyota chief sees Europe sales up 50 pct by 2010

Newswire

KOLIN, Czech Republic, May 31 (Reuters) - Toyota Motor Corp. hopes to increase its European sales by almost 50 percent in the next five years, company President Fujio Cho said on Tuesday. Speaking at the official opening a Toyota's new joint plant with PSA Peugeot Citroen , Cho said Toyota and its luxury Lexus brand sold 276,128 cars in Europe in the first four months of the year. This gave the firm, Japan's top auto maker and the world motor industry's No.2, a 5.4 percent market share, ...

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