Honda Cuts Profit Outlook On Continued China Turmoil
Protests against Japanese goods in China crimped sales of Honda Motor (HMC) in the world's largest auto market. Japan's No. 3 carmaker lowered its outlook for the full year on those disruptions and higher costs in the U.S. The Civic and Accord maker said fiscal Q2 profit climbed 36% to about $1.03 billion. The large boost shows the company rebound from last year's devastating Japanese earthquake and tsunami. But profit was well shy of the 107.2
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