Toyota to Reopen Seven Parts Plants in Japan; Shares Surge
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Toyota Motor Corp. gained the most in more than two years in Tokyo trading as carmakers and suppliers began to reopen factories closed after Japan’s strongest earthquake on record.
The world’s biggest carmaker rose 9.1 percent to 3,345 yen, the biggest daily gain since December 2008, after plunging 15 percent over the two previous days. Nissan Motor Co. recovered 6.2 percent and Honda Motor Co. regained 3.9 percent.