UPDATE 2-Honda slashes annual profit outlook on disasters, yen


* Sees 2011/12 op profit at Y200 bln, far below consensus * Q3 operating profit drops to Y44.3 bln, also below consensus * Investors eye anticipated sales rebound * Honda shares outperform Japan auto sector in year-to-date * Concerns over competitiveness after Civic panned (Adds analyst and trader comment, rewrites lead paragraph) By Chang-Ran Kim TOKYO, Jan 31 (Reuters) - Honda Motor Co forecast a worse-than-expected 65 percent drop in profit for the year to March after natural disasters ...

Premium Content (PAID Subscription Required)

"UPDATE 2-Honda slashes annual profit outlook on disasters, yen" 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: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Nov 21, 2016

2017 Wards 10 Best Engines: Less Is More With Four

Fun-to-drive is a key 10 Best Engines measure when it comes to small-displacement, high-performance four-bangers....More


Diesels Power Profit Gains by VW's Lending Unit  

Volkswagen Financial Services cites increased demand for diesel cars in upgrading its projected 2016 profit from €1.92 billion to a record €2.1 billion....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×