TOKYO -- Honda Motor said Wednesday that group net profit will plunge 64% to 165 billion yen ($1.56 billion) for the year ending March 2021, as the coronavirus batters its usually lucrative motorcycle business.
Automobiles
World's top motorcycle maker Honda not immune from virus
Net profit projected to fall 64% with slump in India and other key markets
A Honda factory in Gujarat, India. The coronavirus has dealt a blow to motorcycle sales in the country. © Reuters
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