Thanks to a weak yen and strong demand in the U.S. for hybrids, Honda Motor Co (NYSE:HMC) reported a 77% increase in its operating profits for the most recent year-end as sales were up 21% to ¥20.429 trillion.
When the calendar flipped over to May, Nissan instituted a new sales policy for its dealers: Cars can be advertised at discounts up to 10 percent off the invoice price, a massive reduction from typical MSRP.
Japanese auto giant Honda on Friday logged a record annual profit thanks to improving global vehicle sales, but issued a cautious outlook for the current
FY revenue increased by 20.8% Y/Y to JPY 20,428.8 billion Earnings per share attributable to owners of the parent for the year amounted to JPY 225.88, an increase of JPY 97.87 from the previous fiscal year.