Honda net jumps as margins improve
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Honda Motor Co  posted a stronger-than-expected 38 percent rise in quarterly profit on Wednesday, helped by a jump in Asian margins in particular and strong global sales of its new CR-V crossover.
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PARIS Japanese automakers are continuing their steady gains in the European auto market, industry executives said here Thursday, with Toyota and Honda predicting significant increases in sales this year and next, despite heated price competition and
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Electronic broker-dealer posts a profit and beats the Street.
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Japan&#39;s leading automakers Toyota Motor Corp. and Honda Motor Co. put rivals on notice this week by announcing higher sales targets for 2005 and ambitious production increases worldwide.
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Honda Motor Co  posted a forecast-beating 63 percent rise in quarterly profits and raised its full-year net profit forecast as strong sales of its new CR-V crossover and Accord sedan made up for higher raw materials costs.
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Honda Motor Co.  posted a smaller-than-expected rise in quarterly profit, helped by brisk sales in Europe and a weak yen that offset a dip in U.S. sales -- where Honda could not keep up with demand -- and nudged its full-year forecast higher.
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Tokyo's Nikkei share average gained 0.94  percent on Thursday, with carmakers such as Honda Motor Co.  7267.T buoyed by a weaker yen, while banks extended recent  gains as investors cheered progress in their handling of bad  loans.
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TOKYO -- Honda Motor Co., Japan&#39;s third-largest automaker, said Wednesday its profit fell 7.5 percent in its second fiscal quarter, adding that the strong yen hurt earnings even though revenue rose.
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The Nikkei average rose 0.5 percent by midsession on Monday, recovering from a four-day losing streak on bargain-hunting in banks and some blue chips due to their brighter earnings prospects.
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Japan's Honda Motor Co.  said on Tuesday it was heading for a 5 percent rise in global car sales to a record 3.55 million units this year and predicted continued growth in most regions for 2007.
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Honda Motor Co. Ltd.  took the top ranking among mass-market automakers in a closely watched quality survey released on Wednesday, while Ford Motor Co.  showed strong gains at a crucial point in its turnaround effort.
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- Banc of America Securities said Honda Motor Co. Ltd  was its top pick for 2007 in the autos sector, ahead of Toyota Motor Corp. .
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NEW DELHI: Honda Motor Company on Monday announced plans to invest Rs 134 crore in India to nearly double its car production capacity in view of the surging demand in the market.
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Shares of Honda Motor Co., Japan&#39;s third-largest automaker, may gain after the company raised its full-year earnings forecast based on a weaker-than expected yen and as it plans to boost its return to shareholders ``mid-term.
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Tokyo's Nikkei share average gained 0.94  percent on Thursday, with carmakers such as Honda Motor Co.  buoyed by a weaker yen, while banks extended recent gains as  investors cheered progress in their handling of bad loans.
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Automaker targets entry-level drivers as part of bid to increase its share of American market. By Kae Inoue and Maki Shiraki. Honda Motor Co.
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American Mark Wilson wins the Honda Classic in Florida after a four-way play-off.