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Honda CG110 – the $630 Motorcycle for Africa

Honda is introducing a new motorcycle for the African market that will be priced at about US$630. Produced in Nigeria for sale across the continent, the new Honda CG110 is designed to offer good fuel economy and durability while meeting the challenge of Nigerian road conditions. Honda plans to sell 40,000 units per year at a price of 100,000 Nigerian naira.

Honda Reports Q3 2011-2012 Results

Honda reported a 41% decrease in net income over the third quarter, thanks primarily to the rising Japanese yen, continuing effects from the Japanese earthquake and floods in Thailand interrupting automobile production. Thanks to recovering auto sales and growing motorcycle sales in emerging markets, Honda reported a net profit of 47.6 billion yen (US$624 million) in the quarter ended Dec. 31, 2011.

Shunji Yokokawa

Honda Project Leader Shunji Yokokawa's first Honda bike was a CB900, which he got when he was a teenager after seeing Freddie Spencer wheeling his way down the Laguna's Corkscrew.Yokokawa has been in the States himself recently, having travelled to the Bonneville Salt Flats to break a world land speed record for a stock 600cc motorcycle.According to the Southern California Timing Association website (you'd have thought the video might have mentioned something about the record?), Shunji was successful in his attempt during August's 'Speed Week', setting an official speed of 170.828mph onboard a CBR600RR.