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Takeo Fukui’s speech this week was a bit on the gloomy side as the company adjusted its profit forecast by 67% in the wrong direction. Slumping auto sales and a sagging U.S. dollar were the main factors for Honda’s third profit forecast cut this year.

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.

Monster Energy Track Day of Legends with Schumacher, McGuinness, Espargaro and Flint – Video

Last week, we wrote about retired Formula One racer Michael Schumacher taking part in a track day at France’s Paul Ricard circuit on a Ducati 1199 Panigale. The event’s sponsor, Monster Energy, has released a video offering a behind-the-scenes look at the event. The seven-time F1 champion was joined by TT racer John McGuinness, retired MotoGP racer Randy Momola, Moto2 racer Pol Espargaro and Keith Flint, a musician from the group Prodigy and a racer in the U.K.’s  Hottrax Endurance Championship.