Thursday, January 31, 2013

FOXBusiness.com: Honda bets on yen, new U.S. models to cushion China sales slump

FOXBusiness.com
FOX Business Network - The Power to Prosper
Honda bets on yen, new U.S. models to cushion China sales slump
Jan 31st 2013, 15:00

Honda Motor Co Ltd is betting on a weaker yen and a rollout of new models in the United States to boost car sales after unexpectedly trimming its annual net profit forecast on poorer-than-expected demand in China and Europe.

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