TOKYO, Jan 30 (Reuters) - Honda Motor Co posted a 63 percent fall in quarterly operating profit and lowered its annual profit forecasts for the fourth time this year as a stubborn slide in global car sales forced it to make further output cuts. Japan's second-ranked automaker forecast an operating profit for the year to the end of March of 140 billion yen ($1.6 billion), down from a record 953 billion yen last year and down from a previous forecast of 180 billion yen. A median forecast ...
Premium Content (PAID Subscription Required)
"Honda Q3 profit tumbles 63 pct, cuts forecast again" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.