Honda: bikes to account for half of '08/09 profit

Newswire

TOKYO, Jan 30 (Reuters) - Honda Motor Co's motorcycle business is likely to account for about half of its operating profit for the year to the end of March, Executive Vice President Koichi Kondo told a news conference. Japan's second-ranked automaker cut on Friday its operating profit forecast for the year to March to 140 billion yen ($1.6 billion), down from a record 953 billion yen last year and below its previous forecast of 180 billion yen. [ID:nT279044] The spreading global ...

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