“Honda Hoists Profit Forecast”
-AutoNews.com
During a time of economic turmoil and unbalance, especially in the automotive industry, Honda is looking to the future with more than hope. Honda announces that this coming fiscal year it expects a 69% jump in profits. This is far beyond market expectations. The last three quarters have been a great upturn for Honda and they expect that to continue.
“Under these sales conditions, I see a fundamental ability to make 100 billion yen in operating profit every quarter.” said Executive Vice President Koichi Kondo.
With Toyota’s problems piling up and Honda looking forward to the future there really is no safer automobile investment, for your money, than in the the vehicles that lead the world in resale value, safety and quality.