The combination of strong sales and a weak yen leads Honda Motor Co. Ltd. to record operating profits for the fiscal year’s first quarter, ended June 30, the auto maker reports. Honda’s unaudited consolidated net income for the first quarter totaled ¥107.5 billion ($900 million), an increase of 20.4% over like-2001. First-quarter revenue totaled ¥1.9 trillion ($16.2 billion), a 10% increase over year-prior. Honda credits the rise to stronger sales, especially in light trucks and ...
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