Honda Ups Profits Thanks to Europe

Summary


Honda Motor reported a surprise rise in its first-quarter operating profit as it weathered a drop in North American sales but it raised full-year forecasts due to a strong dollar.

Robust sales in Europe and Asia, and a strong performance by its all-terrain vehicles in the US market and motorcycles in Asia, helped Japan's thirdlargest automotive maker report considerably better results than many analysts had expected.

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Extract


Honda Ups Profits Thanks to Europe

'Honda's earnings seemed stronger than expected and proved the company is now able to genera...

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