(Adds details) TOKYO, April 25 (Reuters) - Honda Motor Co posted a much bigger than expected 85.6 percent tumble in quarterly net profit on Friday, and forecast a weak year ahead hit by a stronger yen, rising commodities prices and a soft U.S. car market. In the past year, Honda, Japan's second-biggest automaker and the world's top motorcycle maker, has been hit by a gain of around 10 percent in the yen versus the dollar, which erodes the value of its exports and repatriated earnings. ...
Premium Content (PAID Subscription Required)
"UPDATE 1-Honda Q4 tumbles, sees yen hitting hard in 2008" 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!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642