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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.

2015 Honda PCX150 Announced for US

American Honda announced it will bring the updated PCX150 scooter to the U.S. as a 2015 model. Revealed earlier this year for the European market, the 2015 PCX150 receives a larger fuel tank, improved fuel economy and a new look.

Results From Day 2 Of World Superbike Testing At Phillip Island

World Superbike testing at Phillip Island came to a close today, and when the dust settled, reigning champion Tom Sykes stamped his authority, setting the fastest time of the test at 1:30.239, just five thousandths shy of the outright lap record held by Carlos Checa. The time was set during the morning session of testing, though nobody was able to best Sykes for the remainder of the day. Eugene Laverty, who was fastest on day one, showed his pace was no fluke as he stayed near the top of the time sheets, ultimately finishing second behind Sykes, with a best time of 1:30.513.