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Yamaha Reports Q2 2012 Results

Yamaha has lowered its 2012 year-end sales forecast by 14.3% after reporting disappointing first half results. The Japanese manufacturer reported a profit of 14.5 billion yen (US$184.3 million), a 49.8% decrease from a profit of 29 billion yen reported in the first half of 2011. According to the company’s financial report for the quarter ended June 30, 2012, Yamaha‘s net sales totaled 632.2 billion yen (US$8.04 billion), a 4.6% decrease from net sales of 663.1 billion yen reported in the same quarter of 2011.

OEMs Plug into Electric Bikes

KTM introduced its prototype electric motorcycle earlier this week, and electric bike manufacturer Zero Motorcycles almost immediately responded by opening sales on its 2009 Zero X dirt bike (look for our review of the 2008 model next week!). But these two companies aren’t the only ones exploring the possibilities of electric-powered motorcycles. In September, Japan’s largest industrial information journal Nikkei Business Daily reported that both Honda and Yamaha have set target dates for launching their own electric-powered motorcycles.

Hero MotoCorp Reports Sales of 541,615 Motorcycles and Scooters in December 2012

Whenever we publish stories about the motorcycle industry in India, we still get comments from readers surprised at how big a role that nation’s market plays, and perhaps more poignantly, how small it makes the U.S. market look. The latest sales numbers from Hero MotoCorp, India’s market leader, should further highlight the importance of India’s motorcycle market.