Honda still in black

3 votes
Recommend

In its 60-year history, Honda has never made a loss, but with plummeting sales and a soaring yen that streak is being severely tested. Rival Toyota now sees over a $1 billion loss while most of the industry is in the red, but despite cutting its forecast four times already, CFO Yoichi Hojo says motorcycle sales will keep Honda in the black this year. Dan Sloan reports.

Tags: Honda, Toyota

China eyes fewer car, steel players

China wants to consolidate its steel and car industries, calling on key firms to take dominant...
» view video

Business Update: Asian stocks surge

Asian shares jump on U.S. plan to clear $1 trillion of banks' toxic assets. * Asian markets...
» view video

Business Update: Jobless record

The number of Americans receiving unemployment benefits hit another record, but there are signs new...
» view video

The Fed's big fix

The Federal Reserve is using every weapon in its arsenal to battle the recession. The markets...
» view video

Generic drug industry outlook

Director of Generics at Thomson Scientific Kate Kuhrt provides insight on the landscape of generic...
» view video

» browse all category videos

Video categories

» Home	» Specials	» World
» Business	» Technology	» U.S.
» Science	» Health	» Movie Reviews
» Movies	» Music	» People
» Sports	» Gadgets	» Video Games

SHARE THE VIDEO:

		Del.icio.us			Digg			Stumble Upon
		Facebook			Newsvine			Mixx

» E-mail To A Friend

Photos Gallery