Honda assumes 105-yen dollar, 135-yen euro in 05/06

Newswire

TOKYO, April 26 (Reuters) - Honda Motor Co. said on Tuesday it was assuming an exchange rate of 105 yen to the dollar and 135 yen to the euro for the business year ending in March 2006. Japan's third-biggest auto maker also said it expected its global car sales to rise 5.3 percent to 3.42 million units this business year, with 6.3 percent growth expected in the North American market. Honda plans to sell 1.68 million cars in North America, while boosting Japanese sales by 3.9 percent and ...

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