Monday, April 23, 2007

Honda's Fukui Sees New Accord Model as Reviving Sales, Growth in Earnings

(Bloomberg) -- Honda Motor Co. President Takeo Fukui, who spent his career improving the automaker's Accord, is betting that a new version of the car will bolster profits.

The eighth version of the 31-year-old Accord, Honda's best- selling model, is scheduled for this year. Sales may help reverse the 36 percent decline analysts expect in fourth-quarter profit after the company had a one-time gain from its pension costs a year ago.


Read more at Bloomberg Exclusive News

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