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Honda sees lower annual profit as firm yen offsets higher sales

Honda forecast a 16 percent drop in operating profit for the current financial year, as it expects a firmer yen to offset cost reductions and a slight rise in global sales of cars and scooters. from Automotive News Breaking News Feed https://ift.tt/2HuEVMF via IFTTT

Volvo Q1 profit rises nearly 4% on China, U.S. demand

Volvo reported a rise in quarterly operating earnings as growing sales in China and a recovery in the United States offset increased development and marketing costs. from Automotive News Breaking News Feed https://ift.tt/2KkmdFs via IFTTT

Daimler Q1 operating earnings fall despite higher vehicle sales

Daimler's earnings dropped 12 percent to about $4 billion in the first quarter despite higher vehicle sales. The company blamed foreign exchange effects and sales incentives. from Automotive News Breaking News Feed https://ift.tt/2I5GGNi via IFTTT