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Honda Reports Q1 2013-2014 Results

Honda reported sales of 4.05 million motorcycles over its first quarter ended June 30, 2013, a 3.7% increase from the 3.91 million motorcycles sold in the same period last year. The increase in motorcycle sales resulted in 396.8 billion yen (US$4.04 billion) in sales revenue, a 14.4% increase on 346.6 billion yen in revenue reported in the same quarter the previous fiscal year. Overall, Honda‘s reported a combined revenue of 2.83 trillion yen from all its operations, a 398.1 billion yen improvement from last year.

Honda Reports Q1 2011-2012 Results

Honda reported a 88.3% year-on-year decrease in net profit over its first quarter ended June 30, 2011, thanks in large part to the March 11 earthquake and ensuing tsunamis in Japan. Honda reported a profit of 31.7 billion yen (US$411.1 million) over the quarter, a fraction of the 272.4 billion yen (US$3.53 billion) reported over the same quarter last year.  The decrease came mainly from a large dropoff in automobile sales. Net sales from the motorcycle division helped keep Honda in the black despite a drop in unit sales.

Honda to Unveil Electric Sportbike Concept at Tokyo Motor Show

Honda is set to unveil seven electric-powered concept vehicles at the upcoming 42nd Tokyo Motor Show, including a sportbike that has piqued our interest. According to Honda, the RC-E concept is a version of a sportbike that “pursues the joy of riding.” Honda says the RC-E will offer a powerful and smooth ride unique to an EV model and features a 250cc-class compact body. We’ll provide more details of the RC-E concept as they become available.