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Honda Electric Bike

Takeo Fukui’s speech this week was a bit on the gloomy side as the company adjusted its profit forecast by 67% in the wrong direction. Slumping auto sales and a sagging U.S. dollar were the main factors for Honda’s third profit forecast cut this year.

Mugen Shinden (Not-Quite-A-Honda) Electric Racebike Revealed – Video

Honda has revealed – Oops. What we meant to say was the Honda-associated Mugen Motorsports has revealed its electric race bike which will enter the 2012 TT Zero on the Isle of Man. Let’s get the caveats out of the way first.

Honda Announces More New-Model Releases For 2012

Lost in all the hoopla surrounding the new models being released at EICMA this week, Honda has announced details about a few more models in its 2012 lineup: the CB1000R, CBR250R, Silver Wing scooter and the Ruckus, along with the cutting-edge VFR1200F that receives an infusion of impressive new technology for 2012 (which we’ll highlight in a separate blog entry). All of which are returning models from 2011. Pricing is yet to be determined.