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Lorenzo to Remain with Yamaha Through 2014 MotoGP Season

Jorge Lorenzo has signed a contract extension with Yamaha that will see the 2010 MotoGP Champion riding the M1 through the 2014 season. Lorenzo currently leads the 2012 MotoGP Championship points chase with 115 points and is looking for his second premiere class title. Through five races this season, Lorenzo has three wins and a pair of second-place finishes, matching his pace from his championship-winning 2010 season.

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 Releases Tricity Three-Wheel Scooter In Thailand

Yamaha has officially released the much anticipated Tricity three-wheeler in the Thai market. Billed as the first Yamaha production vehicle that “represents our long-term vision of a ‘growing world of personal mobility,’” the Tricity is a world model, manufactured in Thailand, with plans for sales to begin in Europe and Japan by the end of 2014. Powered by a 125cc, liquid-cooled, fuel-injected Single, the Tricity is aimed at the congested urban streets of many metropolitan areas.