Toyota raises profit forecast as strong hybrid sales defy slump in China Toyota Motor on Thursday raised its net profit forecast for the fiscal year through March next year to 3.57 trillion yen ($22.6 billion), as strong hybrid vehicle sales and a weaker yen helped offset sluggish demand in China.

Toyota raises profit forecast as strong hybrid sales defy slump in China Toyota Motor on Thursday raised its net profit forecast for the fiscal year through March next year to 3.57 trillion yen ($22.6 billion), as strong hybrid vehicle sales and a weaker yen helped offset sluggish demand in China.