Nearly 20 percent rise in Honda's April-June profit
Japanese car manufacturer Honda announced on Friday that it had achieved a net profit of nearly 20 percent for the April-June 2015 period.
In a statement, the company said that this profit rise was due to strong sales in North America.
It also said that a weak Japanese Yen had helped to offset the impact of an exploding air-bag crisis.
Profit for the Honda Civic range was pegged at 186 billion Yen or USD 1.5 billion for the three months, up from 155.6 billion Yen in 2014-15.
Sales were pegged at 3.7 trillion Yen, a rise of over 15 percent.
Operating profit rose 16.4 per cent.
Honda is ranked third in Japan's automotive industry.