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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.

Misano Moto GP. Was it Divine Intervention?

I’m still buzzing from an amazing weekend of Moto GP in Misano. It took until Saturday lunchtime for the sun to get his hat on but from there on in the atmosphere at both the circuit and the nearby beachfront was first class. As usual on race day we had epic Moto 3 and Moto 2 races with respective champions elect Cortese and Marquez once again taking victories by just fractions of a second.

NZ Superbike Series Points Leader Is A Grandfather Of Three!

Dennis Charlett is stamping his authority on the New Zealand Superbike championship. The 45 year-old father of five and grandfather of three (no, those aren’t typos) won the first three races of the season during the series opener in Christchurch, placing him firmly at the top of the points standings heading into round two at Levels Raceway, near Timaru. The championship favorite certainly got the wake-up call as Taupo’s Suzuki rider Scott Moir raced to a convincing win in Saturday’s Superbike race, while Charlett was forced to settle for fourth place.