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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.

AMA Supercross: 2012 Las Vegas Results

Ryan Dungey scored his fourth win of the season but it was not enough to take second place in the points race behind champion Ryan Villopoto. That honor went to JGRMX Yamaha‘s Davi Millsaps who placed second to Dungey in the season-ending race at Sam Boyd Stadium in Las Vegas. Dungey took the holeshot and led every lap to take the win for Red Bull KTM.

Electric Honda Motorcycle to Debut Next Year

According to Honda’s head of motorcycle operations, Tatsuhiro Oyama, the lithium-ion battery powered motorcycle will target corporate customers which may include Japan Post and delivery companies, the bike will debut in Japan next year. Oyama, made the announcement on August 1st at a test drive event in Motegi, Japan. Honda started building a battery factory earlier this year with joint-venture partner GS Yuasa, manufacturing batteries for Honda’s electric hybrid cars but Oyama declined to disclose the motorcycle battery supplier.