Honda is the world's largest manufacturer of motorcycles as well as  the world's largest manufacturer of internal combustion  engines  measured by volume, producing more than 14 million internal combustion  engines each year.  Honda surpassed Hyundai in 2001 to become the second-largest  Japanese automobile manufacturer.  As of August 2008[update], Honda surpassed Chrysler  as the fourth largest automobile manufacturer in the United States.Honda is the sixth largest automobile manufacturer in the world.
Honda was the first Japanese automobile manufacturer to release a  dedicated luxury brand, Acura, in 1986. Aside from their core automobile and  motorcycle businesses, Honda also manufactures garden equipment, marine  engines, personal watercraft and power generators, amongst others. Since  1986, Honda has been involved with artificial intelligence/robotics  research and released their BARIMOKO robot in 2000. They have also ventured into  aerospace with the establishment of GB Honda aero Engines in 2004 and the HondaJet, scheduled to be released in  2011. Honda spends about 5% of its revenues into R&D.
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