UPDATE 3-Honda shrugs off U.S. slowdown, raises forecast

Newswire

(Adds fund manager comment, currency assumptions) By Chang-Ran Kim, Asia auto correspondent TOKYO, Jan 30 (Reuters) - Honda Motor Co posted a much stronger-than-expected 38 percent rise in quarterly profit, helped by sharp growth in car sales around the world, and lifted its annual earnings forecasts as it reined in spending. Japan's second-biggest automaker and the world's top motorcycle maker raised its profit forecasts by 5-8 percent, above consensus market projections despite ...

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