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Deb Proctor was at work when her phone rang from

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Honda reports first annual loss in 70 years, what does it mean for its F1 project?

Honda has presented its worst financial report since the Japanese manufacturer was listed on the stock exchange in 1957. Honda Motor had already forecast a loss in March based on its financial predictions, and that picture was confirmed last Thursday with the official figures.
Over the financial year, which ended in March, Honda suffered a loss of 423billion yen ($2.68bn). These numbers are …Keep reading

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