Honda Motor Co., Japan's second-largest carmaker, said sales growth in North America and emerging markets will help offset the impact of the strong yen.
Over the next few years, Honda will increase sales by at least 100,000 vehicles in the U.S. and a further 100,000 in emerging markets, including Thailand and India, annually, Chief Financial Officer Yoichi Hojo said in Tokyo on Thursday.
The automaker last week raised its full-year net income forecast 10 percent to ¥500 billion as surging car and motorcycle sales in Asia helped the company beat its first-half target. A Federal Reserve plan to buy an additional $600 billion in Treasuries through June will help prevent further economic decline in the world's second-largest auto market, Hojo said.