UPDATE 2-Honda posts record Q1 on strong U.S. sales

Newswire

By Edwina Gibbs TOKYO, July 29 (Reuters) - Japan's Honda Motor Co on Monday posted record first quarter profits, fuelled by brisk North American sales, and stuck to its forecast of record income for the full year despite a recent surge in the yen. Consolidated operating income at the nation's second-largest automaker in April-June rose 12.8 percent from a year earlier to 170.82 billion yen ($1.44 billion) -- its best result for any quarter. However, it was below analysts' forecasts ...

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