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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.

India Raises Import Duty on Motorcycles to 75%

The government of India has laid out its budget for 2013-2014, increasing the import duty for large motorcycles. The news will impact several major manufacturers hoping to gain a stake in the world’s second largest motorcycle market. India has become the hotspot for manufacturers but one of the biggest obstacles they face is the duty India levies on luxury goods.

Enter The Yamaha Super Sport Virtual Bike Show, Win Indy MotoGP Tickets

Yamaha has re-launched its popular Super Sport Virtual Bike Show for owners of all Yamaha sport bikes to showcase their creativity to all on Yamaha’s website. Entries may be submitted from now until Dec 31, 2014 by going to http://www.yamahamotorsports.com/sport/supersportvbs/show.aspx and all Yamaha sport bikes are eligible. Each month, a “Bike of the Month” will be selected out of all the entries submitted and the winners of this award will receive their choice of Yamaha apparel worth up to $100.