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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.

NZ Superbike Series Points Leader Is A Grandfather Of Three!

Dennis Charlett is stamping his authority on the New Zealand Superbike championship. The 45 year-old father of five and grandfather of three (no, those aren’t typos) won the first three races of the season during the series opener in Christchurch, placing him firmly at the top of the points standings heading into round two at Levels Raceway, near Timaru. The championship favorite certainly got the wake-up call as Taupo’s Suzuki rider Scott Moir raced to a convincing win in Saturday’s Superbike race, while Charlett was forced to settle for fourth place.

Honda to Introduce Larger “New Concept” Models for North America

Honda announced it is following up on its NC700 series with a new large-sized model, with sales expected to begin in North America in 2013. Honda first announced plans for its NC700 models in at the 2010 EICMA show with a concept it called the “New Mid“, so it really shouldn’t be a surprise Honda would follow it up with a “New Large” series. The new models were announced in a presentation by Honda Chief Executive Officer Takanobu Ito alongside plans to develop a new MotoGP-derived sportbike.