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Honda lowers profit goal as Takata recalls take their toll


Japan's third largest automaker, Honda Motor Co, decided to lower its core annual profit forecast by 6.5 percent for 2015 as it needs to factor in the hundreds of millions of dollars needed to cover the recalls stemming from the Takata airbag issue. Reported third-quarter earnings were almost a 25 percent lower as it started to absorb the recall-associated costs – ...
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More profit articles

Ford’s woes for 2015 include European and North American profits
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GM believes in stronger 2015 buoyed by US, China growth
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