TOKYO: Japanese automaker Honda Motor Co sank deeper into losses for the fiscal quarter that ended in March, as the damage to the industry from the coronavirus outbreak hurt sales and crimped production.The maker of the Odyssey minivan and Asimo robot had reported a 13 billion yen loss for the same period in 2019, when it was hurt by various expenses and an unfavorable exchange rate.
Nissan Motor Co, whose fortunes have been rocky since its former Chairman Carlos Ghosn was arrested and then escaped to Lebanon while awaiting trial, reports financial results later this month. - AP
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