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Yamaha Reports 2011 Results

Yamaha Motor Corp/ reported a net profit of 27 billion yen (US$345 million) in 2011, compared to a profit of 18.3 billion yen (US$243 million) year before. Overall net sales were down 1.4% to 1.28 billion yen (US$16.3 billion), but operating income rose 4.1% to 53.4 billion yen (US$682 million). The increase in operating income came despite the negative impact of last March’s earthquake in Japan and flooding in Thailand.

Yamaha to Produce PES1 and PED1 Electric Motorcycles by 2016

Yamaha announced plans to release the production versions of its PES1 and PED1 concept models within two years as part of the company’s plans to enter the electric motorcycle segment. The PES1 and PED1 (which stands for “Passion, Electric, Street” and “Passion, Electric, Dirt”) concepts were first revealed at last November’s Tokyo Motor Show. In the company’s newly-published annual report, Yamaha confirmed plans to produce the two models, saying: “In sports motorcycles, we are working to create new value with EV sports motorcycles, which we aim to launch in two years, with the development of the small, on-road sports PES1, as well as the PED1, which are being developed to expand the scope of electric vehicles to the off-road world.

2014 Yamaha MT-09 Three-Cylinder Street Bike Announced for Europe – to be Named FZ-09 in US

A couple of weeks ago, Yamaha Europe released a video called “Dark Side of Japan” teasing a new street bike it claimed would “change the sport motorcycle world.” Today, the company revealed its new model, introducing a new naked sportbike powered by a “Crossplane” three-cylinder engine called the MT-09. (EDIT: and we can now reveal that the North American version will be known as the Yamaha FZ-09.) The 2014 Yamaha MT-09 is powered by a new 847cc three-cylinder engine first teased at Intermot last year. According to Yamaha, the MT-09′s engine produces 113.4 hp at 10,000 rpm and 64.5 ft-lb.