Honda Motor Co. posted a surprise net loss for its most recent quarter as its quality-related costs -- mostly to recall Takata-made airbag inflators -- nearly quadrupled for the full business year. For the three months ended March 31, Japan's third-largest automaker by sales posted a loss of 93.4 billion yen ($859.56 million). That's compared with earnings of 81.9 billion yen during the same quarter last year.
Total revenue grew 4.7 percent to 3.6 trillion yen, the automaker said in a statement today.
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