Honda, which sells nearly half of its vehicles in North America, posted profit of $1.87 billion and revised upward its annual profit forecast.

GENEVA — Honda has announced that its 2008 RA 108 F1 will make its public debut at the upcoming 2008 Geneva Auto Show. On Tuesday, the car was officially unveiled at the team's operational headquarters in Brackley, U.K.

Honda, which sells nearly half of its vehicles in North America, posted profit of $1.87 billion and revised upward its annual profit forecast.

Honda, Japan's second-biggest automaker, reported a 38.1 percent jump in profit for the October-December quarter on Wednesday, thanks to booming sales in North America, Europe and Asia outside Japan.

Honda Motor on Wednesday reported a 38 percent jump in quarterly profit, citing booming sales overseas, and it revised upward its full-year earnings forecast.

Jan. 30 (Bloomberg) -- Honda Motor Co., Japan's second- largest carmaker, raised its full-year net income forecast 7.8 percent because of cost-cuts and higher sales of fuel-efficient cars in the U.S. and Asia.

Jan. 30 (Bloomberg) -- Honda Motor Co., Japan's second- largest carmaker, raised its full-year net income forecast 7.8 percent because of cost-cuts and higher sales of fuel-efficient cars in the U.S. and Asia.

Japan's second-largest automaker Honda Motor Co. said Wednesday that its third-quarter net profit surged 38 percent to a record high helped by solid sales in fast-growing emerging economies.

Honda Motor Co (7267.T) posted a much stronger-than-expected 38 percent rise in quarterly profit on Wednesday, helped by sharp growth in overseas car sales, and lifted its annual earnings forecasts as it reined in spending.

Honda, Japan's second-biggest automaker, reported a 38.1 percent jump in profit for the October-December quarter on Wednesday, thanks to booming sales in the U.S., Europe and Asia outside Japan.