Toyota Unveils Robotics Plans as It Raises Earnings Forecast 15%
Toyota raised its earnings forecast by 15%, boosted buybacks and unveiled robotics plans. Its shares surged, according to the report.
By Katrina HamlinThe $326 bln carmaker's shares surged after it hiked its earnings forecast by 15%, boosted buybacks and unveiled robotics plans. A droid strategy helped Hyundai double its valuation multiple. Toyota's push could also yield smarter cars to help it compete with Chinese rivals.Full vi…