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Yamaha to Produce $500 Motorcycle for India

The 106cc Yamaha Crux, seen here, made for the Indian market is currently Yamaha’s least expensive motorcycle at approximately $650. Yamaha has announced plans to produce a $500 motorcycle for the Indian market. The dirt-cheap motorcycle price war is on the boil.

2011 World Supersport Champion Chaz Davies

Chaz Davies has captured the 2011 Supersport World Championship, completing a triumphant return to the series for Yamaha. Davies, the 2008 Daytona 200 winner, finished the Magny-Cours round in sixth place, giving him an insurmountable 35-point lead over Hannspree Ten Kate Honda‘s Fabien Foret with one race remaining. The championship comes in Yamaha‘s return from a one-year absence from the series.

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.