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Honda Sold 16.8 Million Motorcycles in 2013

Honda announced sales of 16.8 million motorcycles in 2013, an improvement of 8.7% from the 15.5 million motorcycles sold in 2012. The announcement was made two days before Honda’s third quarter report for the three months ended Dec. 31, 2013, so we will have to wait to hear the financial impact, but based on these numbers, the quarterly report should be positive.

1954 AJS E95 May Fetch Upwards of $750K in August Pebble Beach Auction

This uber rare 1954 AJS E95, aka The Porcupine, may become the most expensive motorcycle in the world. World-famous auction house, Bonhams, has recently announced that it will handle auctioning of an ultra-rare 1954 AJS E95 during the Pebble Beach Car Week held annually in August at the Quail Lodge Golf Club in Carmel, Calif. Bonhams estimates that due to the rarity of the E95 (only four were completed by British brand AJS) it may see a bid as high as $750,000.

Honda Opening Fourth Motorcycle Factory in India

Honda announced plans to open its fourth motorcycle manufacturing plant in India, with a production capacity of 1.2 million units per year. Honda is investing 11 billion Indian rupees (US$175.8 million) into the new facility which it hopes will strengthen the position of its subsidiary Honda Motorcycle Scooter India Ltd. as the world’s second largest motorcycle producer while taking aim at the current leader, Hero MotoCorp.