Wednesday April 1, 2020

Honda predicts "complete rebound"

Strong sales of the Accord and Civic models is forecast to lead to a complete recovery for Honda in the year ending March 2013.

27th January, 2012
Honda's Takanobu Ito, pictured at the recent Detroit Motor Show

Honda's president Takanobu Ito has forecast that business results at Japan’s third-biggest carmaker will climb to the highest in at least five years, led by sales of Accord sedans and Civic compacts in North America.

Business results in the year ending March 2013 will recover to levels achieved before the failure of Lehman Brothers Holdings roiled global markets, as sales climb above 4 million vehicles for the first time, Ito said in an...

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