UPDATE 3-Honda Q1 op profit up on strong sales, ups forecast


(Adds company, analyst and fund manager comments, details) By Chang-Ran Kim, Asia auto correspondent TOKYO, July 27 (Reuters) - Honda Motor Co. posted a better-than-expected 6.5 percent rise in quarterly operating profit on Wednesday, helped by solid Japanese and U.S. sales, and lifted its full-year forecast to account for a stronger dollar. After a year of muted growth in its most important U.S. market, Japan's third-biggest auto maker -- also the world's top motorbike manufacturer -- ...

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