After taking a severe pummeling from the global recession, Honda Motor Co. Ltd. now may be on the cusp of recovery. In the April-June 2009 quarter, the auto maker posted a surprising ¥25.2 billion ($262 million) operating profit, an 88% plunge from year-ago but not the loss analysts expected. Honda now anticipates a ¥70 billion ($729 million) operating profit for the full fiscal year, seven times what the auto maker forecast just three months ago. “Honda is one of the better ...
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