Honda sees growing FY profits as US sales recover

Newswire

TOKYO, April 28 (Reuters) - Honda Motor Co , Japan's No.2 automaker, forecast a 10 percent rise in annual operating profit as demand in its biggest and most profitable U.S. market recovers from a multi-decade low. Honda, also the world's top motorcycle maker, is well positioned to gain from a steady rise in U.S. sales with its fleet of fuel-efficient models, which will see the addition of the CR-Z sporty hybrid in North America in a few months. For the year to end-March 2011, the maker ...

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