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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.

Electric Honda Motorcycle to Debut Next Year

According to Honda’s head of motorcycle operations, Tatsuhiro Oyama, the lithium-ion battery powered motorcycle will target corporate customers which may include Japan Post and delivery companies, the bike will debut in Japan next year. Oyama, made the announcement on August 1st at a test drive event in Motegi, Japan. Honda started building a battery factory earlier this year with joint-venture partner GS Yuasa, manufacturing batteries for Honda’s electric hybrid cars but Oyama declined to disclose the motorcycle battery supplier.

Honda Launches Dream Yuga in India – One of The Cheapest New Honda Motorcycles Worldwide

Honda, the largest (by volume) motorcycle manufacturer in the world has launched one of its least expensive motorcycles. Made specifically for the booming two-wheeler market in India, the 109cc Dream Yuga is set to retail for 44,642 Indian rupees. That price wouldn’t translate directly here in the U.S., but a simple currency conversion at today’s monetary values equates the rupee cost to $830.