BofA says Honda its autos top pick for 2007
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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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Honda Motor Co Ltd (7267.T)  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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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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Reina Bolanos got a loan for her used Honda Odyssey in 2006 on what appeared to be favorable terms: $16,000 without a down payment. Though the 8 percent rate was high, Bank of America offered to spread the loan over six years to keep the monthly payments down.
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Honda said it will make a four-cylinder car that will meet E.P.A. standards as well as stricter California diesel rules.
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Honda Motor Co. forecast on Monday  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 pickup sector in the United  States.
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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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Honda Motor Co., the second-largest Japanese automaker in the US, recalled 257,616 Accord sedans for the 2004 and 2005 model years because the driver-side air bag can tear while inflating.
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Tokyo - Japanese car manufacturer Honda said Monday it would spend $340 million to quadruple capacity at its joint plant with Dongfeng Motor in Wuhan, China, to 120 000 units by 2006.
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Diesels are competitive with hybrids in fuel economy, so Honda will cover its bases by offering both types of vehicles. In Autopia.
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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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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. 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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Ford Motor Co.  said on Tuesday it was working with financial advisers on the best options for its European luxury brands Jaguar and Land Rover as it continues a strategic review of its global operations.
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It is also reported that David Richards will make way for a new Honda-appointed team principal -- Nick Fry. &quot;There is nothing we can say at this stage,&quot; Fry was quoted as saying in a BBC article.
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Honda expects its global sales will rise 6 percent this year to a record 3.76 million vehicles on booming demand in the U.S., Europe and Asia, the automaker's president said Wednesday.
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Honda Motor Co., Japan&#39;s third- largest carmaker, said it will take 45 percent stake in British American Tobacco Plc&#39;s Formula One team, owning part of a team for the first time in 36 years.