Honda Q3 up but disappoints amid tough competition
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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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3M Co.  on Monday said third-quarter earnings rose 17 percent due in part to the weak dollar, but the diversified manufacturer's results came in below Wall Street's estimates for the first time in at least seven quarters.
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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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Puma has posted higher profit and sales for the third quarter and raised its full-year earnings outlook, but the results have fallen short of analysts&#39; high expectations.
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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. 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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The green sports car race is hyped this week with a hybrid Honda mean machine. Have fun, but hold off on the eco kudos -- these rides burn hydrocarbons. In Epicenter.
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The company beats third-quarter estimates and raises yearly guidance, but Wall Street doesn't seem to care.
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However, the decline is not as bad as analysts had expected, and the company raises its profit outlook. By Todd Zaun. TOKYO -- The Honda Motor Co.
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Production in Japan rose at three of the nation's top five automakers in September from a year ago, but was down at scandal-hit Mitsubishi Motors Corp. as well as at Nissan Motor Co., according to figures released Tuesday.
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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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It's a rough road out there, especially for new drivers. See which vehicles best combine value, safety, reliability, quality and fuel economy.
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Honda Motor Co.  took the top ranking among mass-market automakers in a closely watched annual survey of vehicle quality released on Wednesday, while Toyota Motor Corp.'s  flagship brand slipped to sixth place.
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Japanâs third-largest automaker blamed rising commodity costs and slower sales for the worse-than-expected results.
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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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The company's strong operations don't excite the market.
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Bolstered by strong sales of new models, Chrysler earned $269 million in the third quarter, up from $171 million a year ago, outperforming its larger US rivals in North America.