2009 Honda Motorcycle Crf 230l on 2040-motos

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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.

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.

Honda and Yamaha Pledge Support to Typhoon Victims in Philippines

Honda and Yamaha each offered aid to the victims of Typhoon Haiyan which struck the Philippines earlier this month. Initial estimates put the death tool at over 10,000 but Philippine President Benigno Aquino says the actual number maybe closer to 2,500. Still, the United Nations says more than 11 million people were affected by the typhoon, with about 673,000 displaced from their homes.