1984 Honda Xr500r on 2040-motos

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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.

60's styled electric concept bike

This electric concept bike takes the styling of an Ossa Grand Prix ridden in late 1960s by Santiago Herrero and brings it into the 21st century. From Barcelona design studio ART-TIC the Monocasco takes its styling cues from Ossa's monocoque racing bike that was introduced at the end of the 1960s. Spain's first motorcycle Grand Prix hero, Herrero took the bike to four victories before his fatal crash in the 1970 Isle of Man TT.

VP of American Honda Motorcycles Division, Ray Blank, to Retire in October 2012

From American Honda: Torrance, CA: American Honda announces that effective October 1, 2012, Senior Vice President of the Motorcycle Division Ray Blank will retire. Robert Gurga has been promoted to the position of Vice President, Motorcycle Division. “After nearly 30 years with the Motorcycle Division, I have made the decision to step down,” said Blank.