TOKYO — Honda Motor Co. Ltd. plans to boost sales volumes by 20% and motorcycle sales by 60% worldwide in four years. The plan would result in a ¥1 trillion (US$9.28 billion) boost in revenues to ¥7 trillion (US$64.5 billion) for the year ending March 31, 2004, which would mark a return to record profits for Japan's No.2 automaker. Honda's last record consolidated net profit, ¥305 billion (US$2.8 billion), occurred two years ago. Honda officials say it will achieve its goals through a ...
Premium Content (PAID Subscription Required)
"Printer-friendly" 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!
Current subscribers, please login or CLICK for support information.