We have upgraded our long-term recommendation on Honda Motor Co. (NYSE:HMC) to Outperform from Neutral. The automaker expects a revival in sales and profits in fiscal 2013, based on higher revenues, favorable model mix and effective cost reduction measures. The company also expects to benefit from stricter environment regulations given its long-term focus on hybrid vehicles.
Honda continues to focus on hybrid vehicles technology considering the government environmental regulations. To fullfill the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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