Honda profits double to $1.56 billion quarterly
|   Monday, February 10, 2014
Honda recently showed its profit rise by double to $1.56 billion quarterly in the month of October to December of 2013. This is done by selling subcompact model in Japan recently, after this huge rise company is planning to deliver very lot of vehicles for this year.

This year company has planned to do delivery of 4.385 millions of four wheelers and two wheeler about 17 million. From North America Honda has huge rise in profit like they had profit 131.
billion in yen which was used to be around 70.89 billion in yen every year.

Honda has made expectations from China for rise of sales by 19 percent and has set target for selling of 900,000 vehicles more for the year of 2014. Even company has also planned to present more nine very new and advance models in market in 2014 to 2015. Honda is giving stiff competition to worlds best car makers like Toyota and Nissan.
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