Honda Reports Strong Q1 Profit Growth Amid Robust Global Demand

The Japanese automaker saw a significant boost in earnings from hybrid vehicles and motorcycles, aided by favorable currency exchange rates.

Honda's Q1 profit increased by 8.7%, totaling 394.7 billion yen ($2.7 billion).
Quarterly sales rose nearly 17% to 5.4 trillion yen ($36.7 billion).
A weak yen added 48 billion yen ($326 million) to Honda's operating profit.
Strong sales of hybrid vehicles in Japan and the U.S. and motorcycles in India and Brazil drove growth.
Honda maintained its full-year profit forecast at 1 trillion yen ($6.8 billion).