Corporate tax breaks championed by President Trump triggered a tripling of net income at Honda in the latest quarter, multiplying the effects of robust sales. The upbeat results spurred Honda to raise its profit forecast for a third time this fiscal year. Honda now expects full-year net income to climb 62 percent instead of decline.
The third-generation Insight sheds the boxy rear end that distinguishes many hybrids and now bears the sleek design profile of the Honda Accord and Civic sedans. One analyst is already calling it the "anti-Prius."