Honda predicts European profit by 2004 - report

Newswire

PARIS, Sept 28 (Reuters) - Japan's second-largest automaker, Honda Motor Co Ltd , expects its European operations to return to profit by the end of the year ending March 2004, the firm's president said in an interview published on Saturday. Hiroyuki Yoshino told the daily Le Figaro he did not have exact European sales targets for 2003, but hopes were riding on the new Honda Accord due to be introduced late next year. "We think we will be able to turn a profit in Europe by the end of the ...

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