Profit at Honda Motor Co. (NYSE: HMC) jumped 29.6 per cent during the latest quarter on booming sales of its fuel-efficient models in North America and Asia.
Net profit at Honda grew to 143.4 billion yen ($1.2 billion US) in its first financial quarter ended June 30, up from 110.6 billion yen the same period the previous year, Japan's No. 3 automaker said Wednesday.
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