Toyota (TM +1%) signals a sharp rebound from its quake-related setbacks, expecting June...

|About: Toyota Motor Corporation (TM)|By:, SA News Editor

Toyota (TM +1%) signals a sharp rebound from its quake-related setbacks, expecting June production at 90% capacity - up from a 70% estimate from just two weeks ago - and a full-year output matching last year's. Looks like reports from NHK and Kyodo were right; earlier forecasts now look too pessimistic, with the supply chain quickly repairing itself.