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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.

Honda to Produce MotoGP-Derived V4 Superbike

Honda Chief Executive Officer Takanobu Ito announced plans to produce a new super sports bike derived from its RC213V MotoGP race bike. A V4 Honda sportsbike has long been rumored to be in development but it finally appears the project is getting the green light. Speaking about Honda’s plans for the next five years, Ito confirmed the sportbike is on its way, using technology from the company’s successful MotoGP program.

Stefan Bradl Rides Honda RC213V on Streets of San Francisco – Video

LCR Honda rider Stefan Bradl took to the streets of San Francisco on his MotoGP race bike for a video promoting the upcoming U.S. Grand Prix at Laguna Seca. Bradl, the runaway favorite to take home MotoGP rookie of the year honors this season, took his Honda RC213V out for a spin on San Franciscio’s Treasure Island before going for a ride down the city’s iconic Lombard St., no doubt using the steep, winding road as practice for Laguna Seca’s Corkscrew.