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Honda Reports Q3 2011-2012 Results

Honda reported a 41% decrease in net income over the third quarter, thanks primarily to the rising Japanese yen, continuing effects from the Japanese earthquake and floods in Thailand interrupting automobile production. Thanks to recovering auto sales and growing motorcycle sales in emerging markets, Honda reported a net profit of 47.6 billion yen (US$624 million) in the quarter ended Dec. 31, 2011.

Hero MotoCorp Forms Joint Venture with Magneti Marelli

Indian manufacturer Hero MotoCorp is teaming up with electronic fuel injection expert Magneti Marelli in a new joint venture. Hero will hold a 60% share in the company with Magenti Marelli controlling the other 40%. The two companies are initially investing a combined US$8.5 million into the joint venture, with a planned  investment of US$27 million total over the next ten years.

Top 10 EICMA Show Bikes You May Have Missed

Interesting motorcycles you probably didn't see1 of 11Next Last There’s no cave deep, mountain high or rock heavy enough to have thwarted news of Ducati’s 1199 Panigale superbike launch at the 2012 EICMA show in Milan, Italy. And a few models such as Honda’s NC700S and X, Kawasaki’s Versys 1000 and CRP’s Energica were unveiled without heavy prior fanfare, but gasps of surprise weren’t heard when the wraps were taken off Triumph’s Tiger 1200 Explorer, Husqvarna’s Nuda or MV Augusta’s F3 675 among others, whose existences were revealed months in advance of the show. What we’ve comprised below is our list Top 10 Bikes unveiled at EICMA that didn’t receive top billing but are certainly worthy of your attention.