Honda sees record car and m-cycle sales next year
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TOKYO: Honda Motor Co forecast yesterday another year of record car and motorcycle sales in 2005, when it will remodel its flagship Civic car and enter new vehicle segments such as the popular pick-up sector in the United States.
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Honda Motor Co. (7267.T) 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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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. 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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Honda Motor Co Ltd   is on track for a 3 percent increase in U.S. sales in 2007, an executive said on Friday, but he also called on the Federal Reserve to cut interest rates to boost consumer confidence.
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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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Passenger vehicle sales should strengthen nearly 20 percent by the end of the decade to about 70 million vehicles annually, spurred by growth not only in developing markets but in the United States and Europe, the chief executive of BMW AG  said on Monday.
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Honda Manufacturing of Alabama continues a pattern of growth with an announcement Tuesday of a multi-million dollar expansion project.
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Sales of U.S. machine tools in 2004  will be the highest in four years with consumption poised to  increase in 2005, two industry trade groups said in a report  released on Sunday.
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Honda Motor Co., Japanâs third-biggest car maker, reported a 9.2 percent rise in quarterly operating profit thanks to improved domestic and Asian sales and raised its full-year forecast by 7 percent.
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Honda Motor Co (7267.T) 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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General Motors Corp  said on Thursday its global sales rose 4 percent to a record 2.38 million cars and trucks in the third quarter of 2007, driven by strong demand in emerging markets.
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The number of cars on China's roads is set to rise sevenfold to 140 million by 2020, according to government forecasts.
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Auto retailer Carmax Inc.  reported record third-quarter sales on Monday and said used-car sales had strengthened considerably since the spring and summer.
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Honda Motor Co. on Tuesday predicted a bright future for hydrogen fuel-cell cars, saying mass production of the next-generation, eco-friendly vehicles may happen within a decade.
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Sales of U.S. machine tools in 2004 will be the highest in four years with consumption poised to increase in 2005, two industry trade groups said in a report released on Sunday.
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NAGOYA, Japan  - Toyota Motor Corp will charge further into emerging car markets to achieve another year of record sales in 2008, likely cementing its title as the world's biggest automaker ahead of General Motors Corp