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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 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.

Pikes Peak 87th Annual International Hill Climb [pics and video]

Named after a man by the name of Zebulon Pike, an explorer who led an expedition to the area in 1806, Pikes Peak is home to the second oldest motorsports race in America second only to the Indianapolis 500. First completed in 1916, this year marks the 87th running of the “Race to the Clouds.” If the math doesn’t add up, this is because there were several years that the event did not run over the course of its 93 year history. The 12.4 mile trek up the mountain consists of 156 treacherous turns to an elevation of 14,110 feet.