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Reuters: Honda posts surprise Q1 profit gain, costs held

Started by chris, July 25, 2008, 09:41:10 AM

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chris

Honda posts surprise Q1 profit gain, costs held
      


TOKYO (Reuters) - Honda Motor Co  posted a surprise 8 percent increase in quarterly net profit after it raised car prices and cut costs, helping it overcome a stronger yen, crumbling U.S. auto market and higher commodity prices.
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