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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.

2013 Honda CRF Off-Road Lineup Announced

Honda introduced its 2013 CRF off-road model lineup featuring a new CRF450R motocross bike and a new entry-level CRF110F trail bike. The 2013 Honda CRF450R was developed from Honda’s factory racebikes in the Japanese Motocross Championship, along with input from its European and AMA factory squads and racing legend Jeremy McGrath. The 2013 model features new Kayaba pneumatic front forks, just like Kawasaki’s competing KX450F.

More Than $5 Million Available From 2014 Honda Red Riders Rewards

The continuation of Honda’s Red Riders Rewards program for 2014 means more than $5 million in earnings will be available to racers. Honda owners have the opportunity to earn payouts at more than 1500 races in 2014 motocross, off-road, dirt track, ATV and road racing contests throughout the country. Honda’s press release was awfully thin with details for road racers, instead focusing on a restructure of the off-road series payouts and the different ways competitors can hope to win money in.