Thread: Honda's Quarterly Profit Drops to $1.25 Billion, Spending on Factories Outside & Fewer Deliveries Inside Japan Blamed
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Old August 2nd 13, 07:10 AM posted to rec.autos.makers.honda
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Default Honda's Quarterly Profit Drops to $1.25 Billion, Spending on Factories Outside & Fewer Deliveries Inside Japan Blamed
Spending on plants outside of Japan and a decline of deliveries in that country led to a decline in Honda Motor Co.'s profits for the quarter ending June 30 (Q1 in Honda's fiscal year). Net income was down 7% to 122.5 billion yen ($1.25 billion). The company still believes that it will meet its projections [...]
Read Mo http://www.thetruthaboutcars.com/201...-japan-blamed/

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