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Yamaha Focusing on Developing Model Platforms

Following the success of its MT platform, Yamaha says it will continue to develop new models based on shared platforms, allowing for a choice of multiple models while reducing overall costs. Speaking in a presentation on the company’s business operation, Yamaha Motor President Hiroyuki Yanagi reiterated the strategy of developing multiple models sharing the same engine and frame. Honda has followed a similar strategy with its NC models, seeing the platform evolve to include the CTX700 and NM4.

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.

Kenny Roberts R1 Auction Nets $87,000 for Charity

The one-off GYTR-equipped Yamaha YZF-R1 ridden by “King” Kenny Roberts at this year’s U.S. Grand Prix at Laguna Seca was auctioned for $87,000. Roberts and late night television star Jay Leno were the special guest auctioneers for the R1 at Mecum’s Motorcycle Auction in Monterey, Calif.