Honda quarterly profit slips despite solid sales

Associated Press
Honda quarterly profit slips despite solid sales

FILE - In this Thursday, April 11, 2013 file photo, Indian dancers perform as Honda's new Amaze diesel engine car rolls in during its launch in New Delhi, India. Honda's net profit for the first quarter of its fiscal year slipped 7 per cent, although its auto sales grew in every region except Japan. Tokyo-based Honda reported Wednesday, July 31, a 122.4 billion yen ((Canadian) $1.25 billion) profit for the April-June period. The Japanese automaker also got a perk from a favourable currency rate. (AP Photo/Altaf Qadri, File)

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