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Yamaha Reports 2012 Results

Yamaha reported a 5.4% decrease in net sales for 2012 and a 72.2% decrease in profit but the Japanese manufacturer says it is poised for a dramatic recovery as it begins its “New Medium-Term Management Plan” for 2013-2015. Coinciding with the start of its new business plan, Yamaha is adopting a new brand slogan: “Revs your Heart“. The company reported net sales totaling 1,207.7 billion yen (US$13 billion) for the 12 months ended Dec.

Yamaha Motor USA to Swallow Up Yamaha Canada

Yamaha’s board of directors has voted in transfer all shares of its Canadian subsidiary to its American subsidiary, a move which would give Yamaha Motor U.S.A. responsibility over the entire North American market. The proposed transfer, set to begin in December,  will make Yamaha Motor Canada a subsidiary of its American counterpart.

Mark Miller To Ride For Vercarmoto In 2014 TT Zero

After finishing in fifth place with Chris McGahan in the SES TT Zero in 2013, Italian based Team Vercarmoto, who made their debut in the event in 2012, has announced that American Mark Miller will ride for them in the 2014 race. American Miller is seen as a specialist in the category and boasts a respectable track record in the Isle of Man TT Zero class with the runner up position in 2011 and 3rd place in 2012 to go with his 2010 race victory. The American is also one of only three riders to break the prestigious 100mph mark around the iconic 37.73 mile TT Mountain Course on an electric bike, a feat he achieved in the 2012 race.