Japanese carmaker Honda reports booming profit

Honda sold more than 2.8 million vehicles globally (Alamy/PA)

Honda’s profit for the fiscal year through to March jumped 70% as vehicle sales grew and a weak yen buoyed overseas earnings, the Japanese automaker reported on Friday.

Annual profit at Tokyo-based Honda Motor Co totalled 1.1 trillion yen (£5.6 billion) as sales surged nearly 21% to 20.4 billion yen (£104.5 million).