Toyota shifts volumes to Europe amid strong yen


FRANKFURT, Nov 24 (Reuters) - Toyota will invest 265 million euros ($354 million) in Europe to build the next generation of its Auris compact hatchback in the UK and a compact saloon in Turkey, adding up to 1,900 new jobs in total. "This announcement ... is in line with our plan to increase local production for cars sold in Europe," Didier Leroy, President and CEO of Toyota Motor Europe, said in a statement on Thursday. The Japanese carmaker, which is suffering under a strong yen, wants to ...

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