Honda Motor Co. Ltd. reports first-quarter 2006 net income increased 29.6% to ¥143.4 billion ($1.24 billion) from like-2005. Net revenue rose 14.8% in the period to ¥2.60 trillion ($22.56 billion) from year-ago due to increased vehicle sales in North America and a weaker yen, Honda says. In North America, Honda’s revenue grew 17.6% to ¥1.47 trillion ($12.7 billion), and operating income climbed 57.4% to ¥114.4 billion ($993 million), despite “soaring raw-materials costs” and increased ...
Premium Content (PAID Subscription Required)
"Honda Credits Net Earnings to Strong North American Sales" 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!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642