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Yamaha Planning Sub-$500 Model to Undercut Honda Dream Yuga

Not long after Honda launched its ultra low-cost Dream Yuga in India, Yamaha announced it is considering a new own model that will be nearly 40% cheaper. The 109cc Dream Yuga is Honda‘s latest weapon in the battle for India’s 13-million unit per year motorcycle market. Priced at 44,642 Indian rupees (US$806), the Dream Yuga is the most affordable Honda model available in India.

Isle of Man TT 2012: Sidecar TT Race 1 Results

Dave Molyneux won his 15th career Isle of Man TT race with a victory in the first Sure Sidecar TT race of the 2012 festival. The win comes in Molyneux’s return to the Isle of Man TT after sitting out last year’s competition. By far the most successful Sidecar racer in TT history Molyneux is third overall among riders in any class, behind Joey Dunlop (26) and John McGuinness (18).

Yamaha to Cut Motorcycle Production in 2009

With mounting inventories coupled with a drop in demand, Yamaha will be cutting its motorcycle production in Japan by 24 percent this year or to about 260,000 total units; one newspaper reported this would be a 40-year low for the manufacture. Yamaha plans to cut production for motorcycles and other products by 30 percent in the Americas, 20 percent in Europe but will maintain production levels in Asia where demand has not dropped off. The company is forecasting its group sales to fall 22 percent with an operating loss of about $300 million.