Honda’s Q1 profit soared more than double last year, hitting 456.9 billion yen ($2.9 billion), fueled by strong global sales and a favorable yen-dollar exchange rate. After posting its first-ever full-year loss, the automaker is turning things around with booming motorcycle sales in Brazil and India, plus solid car demand in Japan and the U.S., despite lingering challenges in China. They’ve scaled back EV ambitions following last year’s costly missteps, and while an earthquake briefly disrupted production, Honda’s forecast for full-year profit now stands at 400 billion yen — a sign of resilience as they head into summer break.
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