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Kawasaki Reports Q3 2011-2012 Results

Kawasaki reported a net profit of 33.7 billion yen (US$441.9 million) for the nine months ended Dec. 31, 2011, but its motorcycle and engine division continues to operate at a loss. The motorcycle and engine division, which also includes ATVs, UTVs, personal watercraft and power products, operated at a loss of 4.58 billion yen (US$60.1 million) over the first three quarters of Kawasaki‘s 2011-2012 fiscal year, including a loss of 2.2 billion yen (US$28.9 million) in the third quarter alone.

Keanu Reeves Starts Arch Motorcycle Company – Production to Begin in 2013

Actor Keanu Reeves is getting into the motorcycle business, starting up the Arch Motorcycle Company with Gard Hollinger of L.A. County Choprods. The new company will build motorcycles based on the KR GT-1 prototype pictured above, with production set to begin in 2013.

Kawasaki Reports Q2 2012-2013 Results

Kawasaki reported an operating loss of 2.2 billion yen (US$27.1 million) from its motorcycle and engine business for its second quarter ended Sept. 30, 2012. Despite the loss, the quarter still represented an improvement from the same quarter last year which saw a loss of 2.3 billion yen.