Honda is a Japanese public multinational conglomerate corporation primarily known as a manufacturer of automobiles, motorcycles, and power equipment.Honda has been the world's largest motorcycle manufacturer since 1959, reaching a production of 400 million by the end of 2019,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 became the second-largest Japanese automobile manufacturer in 2001.Honda was the eighth largest automobile manufacturer in the world in 2015.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, and other products. Since 1986, Honda has been involved with artificial intelligence/robotics research and released their ASIMO robot in 2000. They have also ventured into aerospace with the establishment of GE Honda Aero Engines in 2004 and the Honda HA-420 HondaJet, which began production in 2012. Honda has three joint-ventures in China: Honda China, Dongfeng Honda, and Guangqi Honda.The first complete motorcycle, including the frame and engine manufactured by Honda, was the D model in 1949, the first Honda named after Dream. In 1961, Honda won the Grand Prix and World Championship for the first time in 125cc and 250cc. Honda Racing was established in 1982. The company combines participation in global motorcycle races with the development of high-potential racing cars. Its racing activities are an important source of creating leading technologies for Honda motorcycle development. HRC has also contributed to the development of motorcycle sports through a series of activities, including sales of racing motorcycles, support for satellite teams, and rider education programs.