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Published 10 days ago

Japanese automaker Honda reports booming profit on sales growth, weak yen

  • Honda's profit soared by 70% for the fiscal year ending March, credited to increased vehicle sales and a weak yen, as reported by the Japanese automaker.
  • Weaker sales in China were compensated by robust U.S. Market demand for Honda vehicles.
  • Honda's global vehicle sales surpassed 2.8 million units, growing from 2.3 million the previous year, with heightened sales in Japan, the U.S., and Europe.
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