Honda oper profit falls, forecasts worse year


TOKYO, April 27 (Reuters) - Honda Motor Co said on Tuesday its annual operating profit fell 17 percent as domestic sales flagged, and it forecast a tough year ahead after it was unseated as Japan's second-largest car maker. Honda forecast a 6.7 percent drop in operating profit to 560 billion yen ($5.15 billion) for this business year even as the launch of new, high-profit models such as the Odyssey minivan are expected to spur a recovery in domestic sales. The forecast fell far short of ...

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