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Honda Reports 2013-2014 Sales Results

A strong fourth quarter helped Honda see a 9.8% increase in motorcycle sales and a 9.3% increase in motorcycle revenue for its fiscal year ended March 31, 2014. The Japanese manufacturer reported sales of 17.0 million motorcycles and ATVs over the fiscal year, up from the 15.5 million sold in the previous year. Honda’s worldwide motorcycle sales increased in each of the previous seven quarters going from 3.8 million in the Q2 last year to 4.5 million in the most recently completed quarter.

Team Mugen Returning to TT Zero with Shinden 2

Noted Honda tuner Mugen announced it will compete in the 2013 TT Zero on the Isle of Man with an updated version of its Shinden electric sportbike. Mugen entered the Shinden at last year’s TT Zero, with Isle of Man veteran John McGuinness finishing second with an average speed of 102.215 mph. Team Mugen managed to break the 100mph barrier but fell short to the race winner Michael Rutter who rode the MotoCzysz E1PC.

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.