Honda assumes Q4 dlr at 85 yen, euro at 110 yen

Newswire

TOKYO, Jan 30 (Reuters) - Honda Motor Co said on Friday it was assuming a dollar exchange rate of 85 yen and euro of 110 yen for the January-March quarter. Japan's No.2 automaker also cut its capital expenditure forecast to 610 billion yen from 650 billion yen for the business year to March 31, and lowered its global car sales forecast 3.525 million vehicles from 3.65 million units. (Reporting by Chang-Ran Kim)

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