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Honda Reports Q1 2011-2012 Results

Honda reported a 88.3% year-on-year decrease in net profit over its first quarter ended June 30, 2011, thanks in large part to the March 11 earthquake and ensuing tsunamis in Japan. Honda reported a profit of 31.7 billion yen (US$411.1 million) over the quarter, a fraction of the 272.4 billion yen (US$3.53 billion) reported over the same quarter last year.  The decrease came mainly from a large dropoff in automobile sales. Net sales from the motorcycle division helped keep Honda in the black despite a drop in unit sales.

Honda Re-Signs Marc Marquez Through 2016 MotoGP Season

Marc Marquez has signed a contract extension with Honda Racing Corporation that will see the reigning MotoGP champion stay with the manufacturer through the end of the 2016 season. “We are very satisfied to have reached an agreement to keep Marc in the team for a further two seasons,” says Shuhei Nakamoto, executive vice president of HRC. “Of course, as Honda, we wanted to keep Marc in our family, and he also wanted to stay with us so … it was natural to renew the contract even if it is very early in the season!

Honda CG150 TITAN MIX

While there are certain countries around the globe that are known for their significant contribution to technological innovation within the motorcycle industry, Brazil has never been one of them. Until now, it seems. Brazilian Honda subsidiary Moto Honda da Amazonia Ltda., recently began sales of the CG150 TITAN MIX, a 150cc bike with the world’s first production flexible-fuel technology.