TOKYO -- Honda (HMC) posted a 72 billion yen ($774 million) profit for the January-March quarter in a reversal from red ink a year earlier as booming demand in China and India combined with a fledgling U.S. recovery to boost car sales.Honda, Japan's No. 2 automaker, reported Wednesday that quarterly sales surged 28% from a year earlier to 2.28 trillion yen ($24.5 billion).
Honda Profits From China, India Demand
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