TOKYO: Honda Motor on Friday (Feb 1) reported a 40.2 per cent drop in third-quarter operating profit, missing market expectations due to higher discounting and quality-related costs. Japan's third-biggest automaker posted profit of ¥170.1 billion (US$1.56 billion) for October-December, from ¥284.5 ...
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Japan's Honda Motor third-quarter profit drops 40 percent on discounting, quality costs
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