Honda's quarterly sales totaled
Honda’s financial services improved because of the higher prices for used cars, while its aircraft operations suffered, according to the
Honda raised its profit forecast for the year through
But it slightly lowered its vehicle sales forecast for the fiscal year to 4.85 million vehicles from the previous 5 million vehicles. The new lower number is still better than the 4.5 million vehicles Honda sold the previous fiscal year through March.
It sold 998,000 vehicles in the April-June quarter, up from 792,000 the same period last year.
Honda’s results underline the recovery at Japanese automakers, which all have been hurt by the coronavirus pandemic and a global shortage of semiconductors.
Earlier Wednesday,
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