Wednesday, July 31, 2013

Honda reports $1.9 billion profit in first quarter despite sales lag at home

Honda reports $1.9 billion profit in first quarter despite sales lag at home

Ford, General Motors and Chrysler have been living in a world of sunshine and buttercups after their April-through-June financials hit the newswire, and Toyota is doing pretty good as well. Honda. Not so much. While Japan's third-largest manufacturer saw $1.9 billion in profits, the 5.1-percent jump was lower than expected thanks to a drop in its home-market sales.

Autoblog , Honda reports $1.9 billion profit in first quarter despite sales lag at home, Honda reports $1.9 billion profit in first quarter despite sales lag at home

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