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Saturday, April 30, 2011
Alan Fogliadini, Harry Hoffman, Sr. , Joyce Jensen, Judy Sights
Chuck Small, Larry Volk
MANUFACTURER
JAZ Products
HISTORIAN
Ed Safarik
PEOPLE FROM THE PAST (Deceased)
Ed Adams, Gene Burkland, Jack Calori, Art Tilton
For the Hall of Fame members, in alphbetical order in case you are wondering about a particular dry lakes racer: http://www.oilstick.com/halloffamemembers/index.htm
Dry lakes racing brilliant innovative idea, measuring the front end lift during the run
0 comments Posted by st at 6:34 PM
I don't remember who was just mentioned doing this at the Dry lakes Racing Hall of Fame inductions, (the memory just is falling apart faster than ever) but the streamliner was fitted with an old fashioned gas tank level system, and its indicator on the dash showed the driver if the front was lifting while running the Bonneville course
http://www.oilstick.com/ for a bit more on the event until I get my coverage posted of todays Hall of Fame ceremony
Tere has posted a great look around at the Mendenhall's Museum: http://justacargal-s.blogspot.com/2011/05/mendenhalls-gas-up-bbq.html where the hall or fame takes place, it's a museum of petroliana
Honda revealed a 38% fall in profit to ¥44.55 billion ($536 million) or ¥24.72 per share (30 cents per share) in the fourth quarter of the fiscal year ended March 31, 2011 from ¥72.18 billion or ¥39.78 per share in the same quarter of prior fiscal year.
The decline in profit was attributable to unfavorable currency translation effects, higher selling, general and administrative (SG&A) expenses and the tsunami and earthquake in Japan. These more than offset the positive impact from cost reduction measures, lower R&D expenses, increase in sales volume (except in the Automobile segment) and model mix, and operating income related to licensing agreements.
Consolidated net sales and other operating revenues slid 3% to ¥2.21 trillion ($26.62 billion) on the back of same factors outlined above, despite increased revenues in the motorcycle business and revenues related to licensing agreements. However, at constant exchange rates, revenues increased 3.3%. Consolidated operating profit plummeted 52% to ¥46.21 billion ($556 million) from ¥96.10 billion due to the same factors affecting the net income.
Segment Performance
Sales in the Automobile segment slipped 1.6% to 860,000 units. In Japan, sales decreased 22% to 142,000 units. However, outside of Japan, sales increased 4% to 718,000 units as higher sales in North America offset the lower sales in other countries.
Revenues from external customers in the segment dipped 4% to ¥1.65 trillion due to unfavorable currency translations. The segment had an operating loss of ¥39.18 billion compared with an operating profit of $24.00 billion a year ago.
Sales in the Motorcycle segment appreciated 13% to 2.93 million units, driven primarily by sales in Asia and Other regions including South America. In Japan, sales declined by 7,000 units to 52,000 units. Outside of Japan, sales rose 13% to 2.88 million units. Revenues from external customers inched up 5% to ¥353.11 billion. Operating income almost shot up 72% to ¥48.13 billion from ¥28.02 billion in the prior year.
Revenues from Financial Services segment went down 7% to ¥134.55 billion. Operating income fell 16% to ¥39.61 billion from ¥47.22 billion a year ago due to unfavorable foreign currency translation effects, despite the decreased allowance for losses on credit and lease residual values.
Honda Power Product and Other segment sales rose 7% to 1.75 million units due to an increase in unit sales in all the regions. In Japan, sales rose marginally by 2,000 units to 104,000 units. Outside of Japan, sales increased 7% to 1.64 million units.
Revenues from sales to external customers in the segment inched up 2% to ¥80.06 billion due to higher sales volume, offset partially by unfavorable currency translation effects. The segment reported a narrower operating loss of ¥2.36 billion in the quarter compared with the year-ago level of ¥3.14 billion due to cost reduction measures, higher sales volume and favorable product mix, despite higher SG&A expenses.
Annual Results
Honda’s profit nearly doubled to ¥534.09 billion ($6.42 billion) or ¥295.67 per share ($3.56 per share) for the fiscal year ended March 31, 2011 from ¥268.40 billion or ¥147.91 per share in the previous fiscal.
Consolidated revenues increased 4% to ¥8.94 trillion ($107.48 billion) due to higher revenues in the automobile business and the motorcycle business, despite the unfavorable currency translation effects. At the same exchange rate as that of the previous fiscal, revenues increased by 8.7%.
Consolidated operating income surged 57% to ¥569.78 billion (¥6.85 billion) from ¥363.78 billion in the prior fiscal year due to increased sales volume and model mix, decrease in fixed costs as volume of production increase and continuing cost reduction measures, despite increased SG&A expenses and R&D expenses, the unfavorable foreign currency effects, and the impact of the earthquake.
Financial Position
Consolidated cash and cash equivalents was ¥1.28 trillion as of March 31, 2011, a decline from ¥1.12 trillion in the corresponding period a year ago. Long-term debt amounted to ¥3.01 trillion as of the above date, translating into a long-term debt-to-capitalization ratio of 40%, almost flat compared with 41% a year ago.
In the fiscal year, cash flow from operations fell to ¥1.07 billion from ¥1.54 trillion in the fiscal year 2011, despite an improvement in income. Some of the factors that led to the decline in cash flow were a fall in equity in income of affiliates, a decrease in dividends from affiliates, a decline in trade accounts and notes payable and a rise in inventories. Meanwhile, capital expenditures reduced to ¥318.54 billion from ¥392.06 billion in the comparable period of 2010.
Friday, April 29, 2011
1942 BMW r75 Wehrmachtsgespann in Afrika Korps colors and insignia
0 comments Posted by st at 10:15 PM
Camry Collector Edition, what the hell? What Toyota sales dept exec thinks people collect Camrys?
0 comments Posted by st at 9:51 PM
This pulled up next to me at a stoplight, and it's the first time I'd ever heard of a collector edition car. That is one presumptuous car company!
Cars are collectable in a subjective way, IMHO, based on factors not up to the car maker, unless it's smart enough to produce incredible Italian sports cars.
The LE based Camry collectors edition was new for 2001 according to Wikicars.org
Thursday, April 28, 2011
The gourmet food trucks were gathered to add to the "Dining Out for Life® San Diego"
0 comments Posted by st at 7:38 PM
http://www.foodjunkiescatering.com/#ProductionPage this works better in Google Chrome than Internet Explorer
Hard to top the looks of a woodie food truck
http://www.twofortheroadsd.com/If you would like Two for the Road to come to your location or event or if you have a great place for us to stop, email us at twofortheroadSD@yahoo.com
We also offer catering for private parties, big and small. Please call us to discuss the details at 619-752-7104.
Two for the Road is a mobile food truck specializing in American comfort food.
Owners Lisa and Roberto are taking their favorite dishes from around the country and bringing them to the streets of San Diego. Coming from a food and travel background
they figured this would be the perfect mix for a traveling restaurant.
ROBERTO attended culinary school in Italy before making his way to the US. He has worked as Chef at several top hotels in Las Vegas and at restaurants here in San Diego.
LISA is a foodie whose background in the travel industry allowed her to travel the world and explore some of the best street food out there. Together they are hitting the road to bring the best of the US to San Diego.
Chef Deb recently took delivery of a beautiful little food truck. The little one is about 25 ft long and weighs in just under 4500 lbs. We’ve named her Ms. Patty Melt, because she bears a striking resemblance to the sandwich of that same name. Ms. Patty has already given us a hint of her culinary heritage, and her potential to wow us with some amazing street food.
Keep an eye out for Ms. Patty Melt and Wilbur on the streets of San Diego. All grown up now, she wants to serve up some of the best mobile burgers and dogs in SD and remember, she’s just getting her wheels under her, so give her plenty of room! http://www.cohnrestaurants.com/
http://www.joesonthenose.com/Retail.html/our Orange Organic Coffee Mobile is the best (and tastiest) way to check out our retail beverage operation. It can be hired for private events of all sizes. We can bring our Organic Espresso Bar and create artisan espresso drinks at your special event. Whether you’re interested in hot, iced, or blended beverage service, we will work with you to develop a unique menu that is guaranteed to impress your guests. We offer lots of decaf options, including our Hot Chocolate Bar, Smoothie Bars, & Blended Coffee Stations.
We have converted an old delivery truck to look like a 1950s Hot Rod with a custom paint job and hand painted pin striping. We’ve added a killer stereo system to pump out our own remix of the old ice cream songs complete with subwoofers and outdoor speakers.We are equipped to hold over 2,000 ice cream bars along with gourmet cupcakes, brownies, cookies, chips, soda, water, Gatorade and Monster Energy drinks. Click here to learn more about our menu. Our truck is able to adapt to specific requests and are able to carry a wide variety of product. We accept debit and credit cards for those who don’t carry cash. You may even see us on a corner as you walk out of your favorite downtown or beach nightclub after an evening of partying ready to provide you with dessert!
http://sweettreatstruck.com/about
http://www.thecentersd.org/http://fabuloushillcrest.com/events/dine-out-for-life-in-hillcrest
Don’t miss The Center's fifth annual Dining Out for Life® San Diego! On Thursday, April 28, 2011, an estimated 125 restaurants, bars, coffeehouses and nightclubs in San Diego will donate 25% - 100% of sales in an effort to raise $150,000 for The Center’s HIV/AIDS services and prevention programs. Dine Out. Fight AIDS! For more information, visit Dining Out for Life® San Diego on Facebook. Dine out for breakfast, lunch and dinner on April 28 and 25-100% of sales will benefit The Center’s HIV/AIDS services and prevention programs. Hillcrest has tons of options!
For more about these work trucks, you can read the article that was in a local newspaper a couple weeks ago in the San Diego Reader article (well researched and well written as always) http://www.sandiegoreader.com/news/2011/apr/06/cover-food-trucks
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