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The Drawing Board - Engineering with Attitude

Honda expects record profits

 
Honda Motor Co. said Wednesday it was on track for record annual profits, reversing an earlier warning of an earnings drop, after a strong first-quarter performance driven by brisk overseas sales.

Honda, Japan's second-largest automaker, said net profit rose 15.8 percent in the three months to June as a weaker yen gave a boost to its foreign earnings, helping to offset a slump in domestic vehicle sales.
Wednesday 25 July, 2007 12:35 PM
 
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"A good scientist is a person with original ideas. A good engineer is a person who makes a design that works with as few original ideas as possible" - Freeman Dyson