Nissan, Honda consider cuts in China output, report says autonews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autonews.com Daily Mail and Mail on Sunday newspapers.
Japanese automaker Honda's profit rose 3.5% in the October-December quarter from a year earlier on the back of solid demand in the U.S. and Europe and a recovery in its home market, the company said Thursday. Tokyo-based Honda Motor Co.'s profit in the last quarter was 253.3 billion yen, or $1.7 billion. Quarterly sales jumped 21% to 5.39 trillion yen ($36 billion).
A favourable exchange rate helped amplify Honda s overseas profits in yen terms and is expected to continue through the rest of the fiscal year, which ends in March.
Japanese automaker Honda’s profit rose 3.5% in the October-December quarter from a year earlier on the back of solid demand in the U.S. and Europe and a recovery in its home market, the company said Thursday.
Honda results: Profit up 3 5% in Dec quarter on back of strong US demand business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.