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Zero Announces Canadian Dealer Network

Zero Motorcycles announced its expansion into Canada with a network of nine dealerships. The announcement follows the launch of Zero’s U.S. dealer network in July.

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.

Ben Spies Signs Contract Extension with Yamaha

Yamaha has signed Ben Spies to a one-year contract extension to continue racing on its MotoGP factory team in 2012. The extension comes after Spies, currently seventh in the Championship standings, recorded his first podium finish of the 2011 season, a third place result at Catalunya. Spies earned two other podium finishes in 2010 in his Rookie of the Year winning debut in the class with the Tech 3 satellite team.