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Honda Reports Q1 2012-2013 Results

Honda reports a 12.5% increase in motorcycle sales over its first quarter ended June 30, 2012. The quarter represents a return to form following last year’s opening quarter which faced the financial fallout from last March’s earthquakes and tsunami in Japan. The difference is most apparent when looking at the company’s bottom line.

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.

Team Mugen Returning to TT Zero with Shinden 2

Noted Honda tuner Mugen announced it will compete in the 2013 TT Zero on the Isle of Man with an updated version of its Shinden electric sportbike. Mugen entered the Shinden at last year’s TT Zero, with Isle of Man veteran John McGuinness finishing second with an average speed of 102.215 mph. Team Mugen managed to break the 100mph barrier but fell short to the race winner Michael Rutter who rode the MotoCzysz E1PC.