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Honda exec: no sign yet of U.S. market recovery

Tue Oct 27, 2009 3:04am EDT

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TOKYO, Oct 27 (Reuters) - A senior Honda Motor Co (7267.T) executive lowered his estimate for U.S. total industry sales volume to 10 million for the business year to next March from 10.5 million units, saying he does not see signs of recovery just yet.

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Honda's executive Vice President Koichi Kondo told a news conference that U.S. auto market recovery is more elusive than previously thought. (Reporting by Chang-Ran Kim)



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