FEBRUARY 5, 2002
Honda's record results
HONDA may be struggling to be competitive in Formula 1 at the moment but the company is making a lo of money, recording a profit of over $1.1bn in the last three months of 2001. Although the profits were boosted by the weak yen the company recorded an increase of sales of 11%. The company remains heavily dependent on the American markets which has made it so successful at a time when most Japanese companies are struggling.