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Honda Reports Q2 2011-2012 Results – Record Motorcycle Sales While Auto Sales Plummet

Honda reports a 20.0% year-on-year increase in motorcycle and ATV sales over the second quarter ended Sept. 30, 2011. Despite a record second quarter for motorcycle sales, Honda saw a drop in net profit due to struggling auto sales and the aftereffects of the Japanese earthquake in March and flooding in Thailand.

US Motorcycle Thefts Down 6% in 2011

Americans reported 46,667 motorcycle thefts in 2011, a 6% decrease from 49,791 stolen motorcycles in 2010, reports the National Insurance Crime Bureau. Despite the drop in reported thefts, the non-profit organization representing nearly 1100 property and casualty insurance companies says the theft rate still averages out to one motorcycle stolen every 11 minutes in the U.S. The numbers were published in the NICB’s 2011 ForeCAST Report which examined theft reports as well as recoveries.

Honda NM4 Vultus Concept Revealed

Honda revealed a new concept model called the NM4 Vultus, a futuristic-looking 745cc motorcycle with a massive front fairing. Despite the fact it looks like a mockup made for a movie like the Kawasaki-based bike in the recent Robocop reboot, Honda says the NM4 is indeed planned for production. The NM4 was designed by a team of young engineers in their 20s and early 30s, and that’s demographic Honda wants to target with its new concept.