2002 Honda Shadow Spirit Cruiser on 2040-motos

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Chattanooga Honda Dealer Fined for Allegedly Selling Recalled Models

The National Highway Traffic Safety Administration has levied a $125,000 fine against Southern Honda Powersports following an investigation into allegations the Chattanooga, Tenn., dealership sold unrepaired recalled models. Southern Honda Powersports bills itself as the “World’s largest Honda powersports dealer”. Federal laws require dealers to stop selling models that are recalled until the defect or noncompliance issue has been remedied.

Update: Honda CB750 Prototype Sells For Nearly $150,000

Two days ago we posted about an ultra-exclusive Honda CB750 prototype for sale on eBay. One of only four built, and the only one still in operating condition, bidding for this piece of motorcycling history was fast and furious. However, once all was said and done, the winning bid for this Honda was an astounding $148,100.

US Motorcycle Thefts Down 6% in 2011

Americans reported 46,667 motorcycle thefts in 2011, a 6% decrease from 49,791 stolen motorcycles in 2010, reports the National Insurance Crime Bureau. Despite the drop in reported thefts, the non-profit organization representing nearly 1100 property and casualty insurance companies says the theft rate still averages out to one motorcycle stolen every 11 minutes in the U.S. The numbers were published in the NICB’s 2011 ForeCAST Report which examined theft reports as well as recoveries.