Comment on Honda's quarterly profit up on Asian sales growth

Honda's quarterly profit up on Asian sales growth

Japanese rival Nissan Motor Co., which reported a quarterly profit jump of nearly 37 percent on Monday, expects to sell 5.65 million vehicles this fiscal year, up 8.9 percent from the previous year. Japanese automakers continue to do solid business in North America but have all embarked on an aggressive growth strategy in developing nations. Honda is unique compared with Nissan and Toyota for its powerful motorcycle division that makes a significant contribution to its earnings.

 

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