UPDATE 2-Honda to cut Japan outlook on brutal sales decline http://www.reuters.com/article/companyNewsAndPR/idUST29231120071018?sp=true
Thu Oct 18, 2007
(Updates with auto industry group chairman's comment)
By Chang-Ran Kim, Asia auto correspondent
TOKYO, Oct 18 (Reuters) - Honda Motor Co (7267.T: Quote, Profile, Research), Japan's second-largest automaker, has suffered a sharp fall in sales in Japan and will revise down its domestic sales volume target for this year, a top executive said on Thursday.
"We've suffered a brutal decline so far," Executive Vice President Koichi Kondo told a news conference to unveil the new Fit subcompact. http://www.reuters.com/article/companyNewsAndPR/idUST29231120071018?sp=true