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Honda Opens Technical Center in India, Will Introduce New Models Every Quarter

Honda‘s subsidiary in India is opening a new technical center to develop new models for that market. The new research and development center is the first for Honda to focus only two-wheeled vehicles, and the first in all of India to feature an advanced wind tunnel to test vehicle aerodynamics. The goal, for Honda Motorcycle and  Scooter India (HMSI) is to eventually introduce a new model to India every quarter.

Honda Reports Q2 2012-2013 Results

Honda reported a 1.8% increase in motorcycle sales in the quarter ended Sept. 30, 2012, including a 13.2% increase in North America. According to the company’s second quarter report for its 2012-2013 fiscal year, Honda sold 3.879 million motorcycles over those three months, up slightly from 3.811 million units from the same period last year.

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.