Honda's profit quadruples to $A1.6 billion

Honda's quarterly profit has quadrupled to Y131.7 billion ($A1.6 billion) as the Japanese company bounced back from last year's natural disasters with more vehicles sold across all key regions except for Europe.

Tokyo-based Honda Motor said on Tuesday its April-June quarter sales surged 42 per cent to Y2.44 trillion.

Vehicle sales doubled in the key markets of Japan and North America. Honda reported global sales of 849,000 vehicles for the quarter, up from 458,000 a year earlier.

Honda's profit for the April-June period last year was Y31.7 billion.

Honda stuck to its forecast of Y470 billion profit for the fiscal year to March 2013. That would be more than double what it earned last fiscal year. It expects to sell 4.3 million vehicles for the fiscal year, up by more than a million vehicles from 3.1 million vehicles for last year.

Honda got a boost from its motorcycle division, selling nearly 2.4 million motorcycles in the quarter, up 21 per cent from 1.9 million motorcycles a year earlier.

The only region where Honda's revenue fell was in Europe, by two per cent.

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