Honda’s Q3 operating profit rose 5% to ¥397.3 billion ($2.58 billion), driven by strong motorcycle sales and a weak yen, though it missed the ¥403.7 billion analyst estimate. U.S. vehicle sales improved, but China sales declined amid rising competition from Chinese EV makers.

The company maintained its full-year profit forecast of ¥1.42 trillion but lowered its global sales outlook from 3.8 million to 3.75 million vehicles, citing weaker Japan sales. Honda and Nissan also ended merger talks but will continue EV collaboration.

https://www.investing.com/news/stock-market-news/japans-honda-posts-5-rise-in-q3-profit-3866488