UPDATE 1-Honda surprises with rosy Q1, ups forecasts


(Adds details, background, company comment, closing share price) By Chang-Ran Kim, Asia auto correspondent TOKYO, July 28 (Reuters) - Honda Motor Co. posted a surprise rise in first-quarter operating profit on Wednesday as it weathered a drop in sales in the key U.S. market, and it raised its outlook for the full year. With the yen trading lower than it had anticipated three months ago, Japan's third-largest auto maker raised its profit forecasts for the year to next March, although ...

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