Honda Motor Co. Ltd. posted record consolidated net income of ¥106.7 billion ($801 million) in the fourth quarter ending March 31, a whopping 69.4% gain on year-earlier results. The earnings came on revenues of ¥2,101.0 billion ($15.768 billion), up 14.4% from like-2001. Exchange rates played a big role in Honda’s record performance. Had the yen/dollar ratio remained unchanged from year ago, revenue would have risen a more modest 6.1%, the auto maker says. Unit sales of automobiles ...
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