2014 Honda Ctx1300 on 2040-motos

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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.

2014 World Supersport – Phillip Island Results

The 2014 World Supersport season opened in dramatic fashion after a red-flagged restart turned the 18-lap race into a five-lap sprint, with MV Agusta making a triumphant return to the top of the podium for the first time since 1976. The Supersport event began with a hard-fought battle between three-time champion Kenan Sofuoglu, Kev Coghlan and Michael van der Mark. Sofuoglu and his Kawasaki Ninja ZX-6R held a slim lead over Coghlan’s Yamaha R6 and van der Mark’s Honda CBR600RR when the race was halted after CIA Insurance Honda rider Jack Kennedy suffered an engine problem and leaked oil onto the track.

Hero Honda Rebranded as Hero MotoCorp

Honda’s former joint venture in India has officially rebranded itself as Hero MotoCorp, revealing the company’s new logo and signaling the beginning of a new era for India’s largest motorcycle manufacturer. Formerly known as Hero Honda, the joint venture claims a share of nearly half of India’s two-wheeled vehicle market. Honda decided in late 2010 to end its 27-year partnership with India’s Hero Motors, buying out its 26% share for $855 million, about half the market price at the time.