Honda's profit doubles in the last quarter of 2013

Honda's profit doubles in the last quarter of 2013

Honda reported overall profit of 1.57 billion dollars in the fourth and final quarter of 2013. According to figures released on Friday (31), the gains of this period is double that obtained between October and December 2012.

According to the automaker, are considered determinants for this result the depreciation of the yen, cost cutting measures and, above all, an impressive performance in the markets of the United States and Japan (in this case, much thanks to the new Fit).

In the quarter, so it was also recorded increase in the number of vehicles sold: 9.7% (total of 1.08 million cars).

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