Wednesday, April 25, 2007

Honda drops 20%

Honda's profit in latest quarter falls (AP)

Visitors to the Honda Motor Co.'s showroom look at Honda Civic hybrid car on display in Tokyo Wednesday, April 25, 2007. Honda reported Wednesday a 20 percent dip in profit for the quarter ended March from the previous year, despite solid sales that helped mark its seventh straight fiscal year of record sales. (AP Photo/Koji Sasahara)AP - Honda Motor Co., maker of the Civic, Odyssey and Accord vehicles, reported a 20 percent drop in profit for the January-March quarter despite solid sales that helped mark its seventh straight fiscal year of record sales.


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