WRAPUP 1-Honda posts surprise profit; PSA swings to loss

Newswire

* Honda posts surprise Q1 profit of 25.2 bln yen * PSA Peugeot Citroen swings to H1 net loss * Honda shares up 1.1 percent * Peugeot shares open up over 3 percent By Chang-Ran Kim and Helen Massy-Beresford TOKYO/PARIS, July 29 (Reuters) - Honda Motor Co on Wednesday posted a surprise first-quarter profit and lifted full year forecasts, while Peugeot swung to a loss and said Europe's car market would not start recovering until late 2010. While analysts had expected an operating ...

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