Japan: Honda raises FY2011 forecasts

Honda has reported 17.9% growth in revenue in Q1 of its current fiscal year (FY2011), with operating earnings rising 832% to generate a margin of just under 10%. On the basis of these much improved results, the company has revised its earnings forecasts for FY2011 upwards. The OEM is now forecasting Subscribe to Automotive World … Continued

• By Webmaster
• July 30, 2010