Honda's quarterly profits rise 39%

Posted online October 31, 2016 | 11:39 am

Honda Motor Co.'s second-quarter earnings jumped 39 percent to $1.7 billion on strong sales of its sport utility vehicles in China.

On Monday, the company upgraded its fiscal full-year net income forecast to $3.96 billion.

For its fiscal year that ends March 31, the company expects to sell 4.98 million vehicles.

Read more from The Associated Press.

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