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21st century Web news according to foreign media reports today, Japan's second largest automobile manufacturer Honda car (Honda Motor Co) today announced fourth quarter and fiscal 2009 results. The report shows that Honda automobile to profit in the fourth quarter and fiscal year forecast current net profit will grow 27 percent, due to the company in North America the largest market of automobile demand recovery.

In the ending 31 March of the quarter, Honda's net profit to 721 million yen (approximately $ 7.71 million), this performance is far better than the same period last year, but not and analyst expectations. In the fourth quarter of fiscal 2008, Honda's net loss for the 1860 billion yen (approximately $ 19.89 million). Pengboshe survey surveyed three analysts prior average expected, Nomura holdings fourth quarter net profit of 805 million yen (approximately $ 8.61 million).

Throughout fiscal 2009, Honda's net profit-2684 billion yen (approximately $ 28.7 million), compared to fiscal 2008 increased by 96%, mainly due to the company in the United States and Japan sales rebound in the market, and taking measures to reduce expenditure.

Honda prediction, as at 31 March of the current fiscal year, the company's net profits may be 34 million yen (approximately 36 million), higher than the same period last year of 2684 billion yen (about $ 29 billion); revenue may 9.34 trillion yen (about $ 994 million), higher than the same period last year by 8.58 trillion yen (about $ 913 million).

Results show that Honda is expected for the current fiscal year in the North American market of car sales to 148 million, compared with the previous fiscal year and an increase of 14%, because the North American automobile market is moving from recession to achieve recovery. Honda's Executive Vice President, Kondo Koichi (Koichi Kondo) today interview prediction that United States 2010 overall demand in the automotive industry can achieve 1130 million units.

According to research firm Autodata Corp, New Jersey, United States automobile sales in March for the fifth consecutive month of growth, to 107 million units. , Honda Accord (Gallery Forum) in United States market sales growth of 23%, to 108262 vehicles. This month, Honda is the first time on all Honda brand vehicles provides discount.

(21 century network)

Last Friday, the United States announced a new UK sales data exceeds market expectations, the dollar index declined, the United States since the stock Refresh rebound. Driven by the good, have received high industrial product futures, one of the largest international oil prices rose, recover 85 dollars.

Text/table journalists Chen Fang

New York commercial Futures Exchange (NYMEX) of crude oil futures appear obvious "far higher near the market of low". The Friday closing price starting from November contracts have over 90 dollars, 2011 delivery of futures contract closing price is over $ 90.

Oil prices appear to underestimate the phenomenon

In addition, NYMEX crude oil futures and quality somewhat less of Brent crude oil futures price upside down again, Brent crude futures on Friday, the main contract closing report 87.25 USD/barrel.

Everbright futures analyst Liu month analysis pointed out that the United States crude oil inventory at a high level, is causing the NYMEX crude oil futures spot contract underestimated. As of last Wednesday, the NYMEX crude oil futures for delivery in stock up to 3410 million barrels, distance from the historical high 3570 million barrels. Liu, to think, overall, the current international oil prices remain strong oscillations of pattern, but the short-term difficulties appear breakthrough price.

Rise in prices of agricultural products will meet

Industrial futures into oscillation, analysts are beginning to see the CBOT Agricultural Futures (Chicago Board) of soybean and soybean meal futures since the beginning of April begins a wave obvious elevating market; Wheat futures price momentum is relatively clear.

The domestic market, the recent precipitation of soybean production areas affected by Heilongjiang province and the effects of low temperature, Dalian Futures Exchange in soybean futures climbed continuous appear around. Qiangmai in policy support and inclement weather factors hype down the main contracts rose sharply, 1009 week up 1.31%, as of last Friday positions reached 47224 hands from the previous trading day has increased by almost 100%.

Tianqi futures researcher hanjin column represents, agricultural products in sideways for three months, is expected to usher in a new rise in prices.

(Guangzhou)

Super cars news, comprehensive foreign coverage United States automobile manufacturers car from Ford on April 27, announced its first quarter results. Data display, Ford in the first quarter of profitability far beyond the industry expectations.

In the first quarter of this year, Ford profits reach 21 million, compared with losses of us $ 14, which also is the Ford global economic crisis since the effects of recession for the fourth consecutive quarter of growth; Ford stock value per share rose by 50 cents, compared with losses of 60 cents; Ford revenue to 281 million, an increase of 15%.

As of March 31, Ford cash flow to 253 million, and the last quarter of 249 million, compared to slightly increase; however, Ford is still saddled with 343 billion of debts, and last quarter compared to the end of 336 billion. But Ford Booth did not disclose the specific CFOLewis repayment plan.

Ford officials also said that oil and steel, and other commodity prices, relatively low pre-owned resale value and weak European car sales on the company's development in 2010 brings challenges. But Ford still expects will continue to achieve growth in 2010.

At the same time, Ford also improves its second quarter North American factories of production targets. In the second quarter of this year, Ford plans to increase North American plant yield 3 million units, to 62.5 million, compared with growth of 39%.

Ford CEO Murali (Alan Mulally) in a conference call for analysts and journalists said: "Ford will be the second quarter in a strong growth, which will once again prove that Ford before the entry into force of the strategy. ”

In the new NET April 30 Jul Japan common social reports, is the United States to visit Japan land transport phase Maehara 29, with the United States Secretary of transportation talks Lahoud, the two sides agreed that car Toyota mass recall should not undermine the Japan-us Alliance and liberal economic relations. Lahoud said, "we deal with this matter in accordance with the rules," stresses will not take on Toyota discrimination.

During the talks before that, the "Toyota is Japan enterprises, but also in the United States has (many) factory of United States companies," United States Government on Toyota want a fair deal. Lahoud said, "(we take measures) but just object is Japan enterprises. Not be an obstacle between the firm and friendly relations. ”

At the meeting the two sides also Japanese and US Government departments responsible for vehicle safety in recall, ensuring security, unified standard, and other areas close to reach consensus on the exchange of views.

An integrated electric Super cars, General Motors announced on April 27, GM will invest $ 8.93 5 for upgrading its North American factories to produce next generation fuel economy better V-8 engine.

General press spokesman said: "Sharon Basel and cash V-8 engine, next generation V-8 engine will use direct injection system and a new set of combustion systems. And the next generation V-8 engine will use the entire aluminum material, and cash V-8 engine compared to aluminum and iron material, the quality will be more light engine. ”

Basel also expressed the General cash V-8 engine is mainly used in common large pickup, SUV and trucks and other cars.

General also said that universal this investment research and production of next-generation V-8 engine is to achieve the United States Government fuel economy standards. According to the latest regulations, United States 2016 excels in average fuel economy must achieve 35.5mpg, 2011 of fuel efficiency minimum standards to 27.3mpg.

General this investment of five factories for the State of New York Tonawanda plant, the Bay City, Michigan, Indiana's Bedford factory, factory of Defiance, Ohio and Ontario huzhou of St. Catharines plant. These factories will receive $ 4 billion, 3200, 1.11 million, $ 1.15 million and $ 2.35 investment.