David Fickling, Columnist

Honda's Sun Rises

U.S. and China sales, cost cutting and offshore factories are all contributing to a change of gear.
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Japan's second-biggest carmaker has been going through a difficult patch.

The costs of recalling tens of millions of vehicles because of Takata's defective airbags have been weighing on profit, lopping 436 billion yen ($4.3 billion) from earnings last year and 120 billion yen the year before that.