Reuters
Business
Honda beats Q1 estimates but sees tougher year ahead
Fri, Jul 25 06:39 AM EDT

By Chang-Ran Kim, Asia Autos Correspondent

TOKYO (Reuters) - Honda Motor Co's (7267.T) quarterly earnings handily beat market estimates but it cut its annual profit and global car sales forecasts as it battles with rising costs for raw materials and a crumbling U.S. auto market.


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