Tag: $Honda

Shares in Mitsubishi Motors surged on Monday following media reports that the Japanese automaker is in talks to join Nissan’s and Honda’s planned strategic partnership.

Japan’s Honda Motor reported a sharp rise in operating profit for the December quarter and lifted its annual outlook, helped by robust sales in the United States, a more profitable product mix and a weaker yen.

Honda Motor’s American unit is recalling about 2.5 million vehicles over risks of fuel pump failure that can cause an engine stall while driving and increase the chances of a crash, the National Highway Traffic Safety Administration said.

Japan’s Honda Motor reported a 78% rise in quarterly profit on Wednesday, boosted by increased sales, especially in the North American market, and a weaker yen.

Japan’s Honda Motor Co on Thursday forecast a 19.1% rise in operating profit for this business year, after it missed analysts’ estimates in the fourth quarter.