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Honda Announces Strong Third Quarter

Honda Motor Co., Ltd., has announced its consolidated financial results for the fiscal third quarter which ended December 31, 2013. Honda’s consolidated net income attributable to Honda Motor Co., Ltd. for the fiscal third quarter ended December 31, 2012 totaled $894 million, an increase of 62.5% from the same period last year.

Flooding in Thailand Not Expected to Affect Honda Motorcycle Production

Severe flooding in Thailand has disrupted Honda’s automobile production but the company’s motorcycle production is expected to proceed normally. Hundreds have been died since July due to heavy flooding in Thailand and several provinces remain underwater as the Asian nation experiences its worst floods in 50 years. Heavy monsoon rains from multiple storm systems over the last few weeks have added to the problem, affecting millions in northern and central Thailand.

You Know the Economy is Hurting Manufacturers When…

Yamaha Motor Co. announced Monday that it is cutting the ringers from its company rugby team. The Yamaha Jubilo rugby club competes in the Top League, the highest level Japanese Rugby Football Union pro league.  The team currently sits fifth out of 14 teams with a 3-2-2 record with a roster of 17 professional players including nine non-Japanese imports.