New Sasol GTC cars set for thrills

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Suzuki’s new Swift hatch and sedan in SA

Suzuki kicks off its new model assault with an all new Swift hatchback and standalone sedan called the Dzire.

Honda profits jump on strong car and motorcycle sales

2018-07-31 09:22

Honda says its profits jumped 17.8% in the latest quarter, driven by strong car sales in North America and motorcycle sales in Asia.

The Japanese automaker reported profits Tuesday of 244.3 billion ($2.2-billion) yen in the April-June quarter, up from 207.3-billion yen last year. Sales rose 8.4%to 4.0-trillion yen.

Honda sold 518 000 vehicles in North America, an increase of 7.7%. Growth in Indonesia, India and Vietnam drove up total motorcycle sales 13.9% to 5.35-million units.

Profits rose despite the negative impact of flooding that has forced suspension of production at a factory in Mexico.

Read more on:    honda  |  japan  |  north america  |  asia  |  industry news

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