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 ...
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:
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.