Honda to spend less on U.S. sales incentives in H2

Newswire

TOKYO, Oct 27 (Reuters) - Honda Motor Co. expects to spend less on U.S. sales incentives in the second half of this business year to March compared with the first six months, an official at Japan's third-biggest auto maker said on Thursday. "We expect the ratio of incentive spending in the first half versus the second half to be about 6 to 4," said Hideki Okada, general manager of Honda's accounting division. Honda earlier said it expected to spend between $990 million and $1 billion on ...

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