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2014 Honda CBR300R Announced for CIMAMotor Show

Honda announced it will present a new CBR300R sportbike at the Oct. 17-20 China International Motorcycle Trade Exhibition (CIMAMotor) in Chongqing, China. A new global model, the CBR300R will be produced in Thailand, likely using the same production lines for its predecessor the CBR250R which it will likely replace in most markets.

Hero MotoCorp Forms Joint Venture with Magneti Marelli

Indian manufacturer Hero MotoCorp is teaming up with electronic fuel injection expert Magneti Marelli in a new joint venture. Hero will hold a 60% share in the company with Magenti Marelli controlling the other 40%. The two companies are initially investing a combined US$8.5 million into the joint venture, with a planned  investment of US$27 million total over the next ten years.

Honda to Shift Mid and Large Displacement Motorcycle Production to Thailand

Honda is reportedly moving production of 400cc and larger motorcycles to Thailand from Japan to reduce production costs and overcome the rising value of the yen. According to Japanese news outlet Daily Yomiuri, Honda plans to produce 400cc and 500cc models at a new factory to be built in the suburbs of Bangkok, Thailand. Honda currently produces small displacement models such as the CBR250R in Thailand, with larger models coming out of Honda’s factory in Kumamoto, Japan.