Honda Motor Co. Ltd. posted fiscal-2002 third quarter earnings of ¥115.1 billion ($961 million), an increase of 40% vs. like-2001. Consolidated net sales equaled ¥1,989.2 billion ($16.6 million), up 13.3% from like-2001. Consolidated operating income for the quarter was ¥158.9 billion ($1.3 million), a 2.7% gain on third quarter 2001. Honda credits the increase to higher revenue for every product category, its cost-cutting strategies and the depreciation of the yen. Unit sales totaled ...

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