Honda's quarterly profit jumps fourfold to US$1.7 billion

Honda Motors ended second quarter with $1.7 billion in net profit. The automaker doubled its U.S. and Japan sales, while revenue from Honda's motorcycle division advanced as well. Meanwhile, the world's third-biggest carmaker remained its forecast of a net profit of $6 billion for the 2012 financial year unchanged. The net profit in the previous year was four times smaller, due to natural disasters in Japan and Thailand.