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Yamaha Reports Q2 2013 Sales Results

Yamaha bounced back from a poor first quarter with sales of 1.530 million motorcycles over the second quarter ended June 30, 2013. The results represent a 1.5% increase from the 1.507 million motorcycles sold in the same quarter last year. Still, Yamaha’s first half motorcycle sales total of 3.0 million units remains behind last year’s tally of 3.1 million units because of the weak first quarter sales.

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.

Yamaha Champions Riding School August Update

Our friends at the Yamaha Champions Riding School have been busy lately. Since moving to New Jersey Motorsports park in April, traffic has steadily risen, with June being sold out and July not far behind. August is very promising with some new ideas (one-day clinics to bring a more economical program to a larger group of riders) being inserted into the mix as well as a normal two-day school at the end of the month, which is already 80% full thanks to the yearly visit from the engineering department of Harley Davidson. Following August YCRS will have two schools the week directly after the AMA Pro races at NJMP.