Honda reports record first-half sales, profits
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Honda Motor Co. on Wednesday reported record sales and profits on a consolidated basis for the first half, mainly due to brisk vehicle sales in Japan, Europe and Asia.
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GM Europe , increased vehicle  sales by 5.3 percent to a record 1,127,871 units in the first  half as a surge in demand for its Korean-built Chevrolet brand  cars compensated for a hefty decline in Saab sales.
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Japanese car maker Mazda turns in forecast-beating first-half profits, helped by a jump in European sales.
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Mitsubishi Electric Corp  on Monday posted a better-than-expected 38 percent rise in first-half operating profit, helped by strong sales of power systems and elevators to emerging nations, and it raised its full-year outlook by 17 percent.
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Honda Motor Co  posted a 63 percent rise in quarterly profit on Thursday as strong global sales of its new CR-V crossover and Accord sedan made up for higher raw materials costs and dismal domestic demand.
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The company reported net income of $509 million in its first fiscal quarter, compared with $440 million in income for the same quarter a year ago.
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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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Honda Motor's  China vehicle sales rose 23.2 percent from a year earlier in the first 11 months of 2006, lagging the growth of the overall market.
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Oracle, the world&#39;s second largest software producer, has seen first quarter profits surge 16% on the back of strong sales of database products.
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Honda Motor Co. said Tuesday it expects worldwide sales to rise 5 percent to an all-time high of 3.55 million vehicles this year amid booming overseas demand.
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Toyota Motor Corp., Japan&#39;s top automaker, made a record operating profit of 866.2 billion yen in the first half of this business year, the company said.
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Honda Motor Co.  posted a smaller-than-expected rise in quarterly profit as fierce competition in China weighed on sales, and it left its operating profit forecast unchanged despite a big lift from a weaker yen.
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Toyota Motor Corp., the worldâs most profitable carmaker, posted a 12.8 percent rise in first-half operating profit as strong overseas sales offset higher materials costs and losses from a weak dollar.
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Toyota and Ford, two of the world&#39;s  three largest auto makers, reported strong first-half sales in  China&#39;s fast-growing market, where as relative newcomers they  are competing to roll out new models to attract customers.
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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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Honda Motor Co  posted a much stronger-than-expected 38 percent rise in quarterly profit on Wednesday, helped by sharp growth in overseas car sales, and lifted its annual earnings forecasts as it reined in spending.
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For the first time, sales top $1 billion in one quarter, researcher says.