UPDATE 2-Honda expects record global sales in 2003

Newswire

(Recasts lead) By Chang-Ran Kim TOKYO, Dec 18 (Reuters) - Japan's Honda Motor Co followed rival Toyota on Wednesday with a forecast for record global auto sales next year, also announcing plans to more than quadruple output capacity in China to keep up with rising demand. Honda, Japan's second-largest automaker, said it expects its global automobile sales in 2003 to jump 10 percent from this year to about 3.1 million units. The announcement comes a day after Toyota Motor Corp ...

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