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GROMforum.com 2014 Honda Grom Giveaway Winner Announced

The Motorcycle.com Forum network‘s GROMforum.com has announced the winner of its Win a Grom contest. Thousands of people entered the contest by creating a forum account and contributing at least 10 posts on GROMforum.com, but only one person could win the new 2014 Honda Grom. Congratulations to mad8vskillz, who has posted 229 times on GROMforum.com, helping to contributing to the fast-growing community!

Honda and Yamaha Pledge Support to Typhoon Victims in Philippines

Honda and Yamaha each offered aid to the victims of Typhoon Haiyan which struck the Philippines earlier this month. Initial estimates put the death tool at over 10,000 but Philippine President Benigno Aquino says the actual number maybe closer to 2,500. Still, the United Nations says more than 11 million people were affected by the typhoon, with about 673,000 displaced from their homes.

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.