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Automotive News Aug 1, 2012

Honda see profits quadruple during first quarter

Honda see profits quadruple during first quarter
The Japanese car giant Honda has reported an earning increase of 400% for the first quarter of this year, as the firm works on it's recovery from the natural disasters that plagued Japan and Thailand last year. Honda's vehicle sales in Japan and the US also doubled during the April to June period, with net profit rising to 131.7 billion yen (£1.1 billion), an increase from 31.7 billion yen (£259 million).


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WMCW Admin

Reporting on news on topics such as used car industry prices, automobile recalls, site news and updates, opinion pieces about the used car market, and other appropriate automotive information.


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