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JAN 31, 2013 - Yahoo! News

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Honda bets on yen, new U.S. models to cushion China sales slump

TOKYO (Reuters) - Honda Motor Co Ltd is betting on a weaker yen and a rollout of new models in the United States to boost car sales after unexpectedly trimming its annual net profit forecast on poorer-than-expected demand in China and Europe. Honda said the outlook for China remained murky after Japanese brands saw sales plunge in the world's second biggest economy late last year when anti-Japan sentiment flared. The euro zone's grinding debt crisis also crimped car purchases. ...

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