RPT-INTERVIEW-Honda says meeting profit targets "Herculean task"

Newswire

TOKYO, Nov 28 (Reuters) - Honda Motor Co will have a tough time meeting its lowered profit forecasts for this year due to an increasingly severe sales environment that is forcing carmakers to scale back output, a top executive said on Friday. "The environment is becoming tougher by the day," Executive Vice President Koichi Kondo told Reuters in an interview. "Reaching (the annual profit forecasts) is going to be a Herculean task," he said, adding that the company will need to update the ...

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