Yamaha Attempts to Staunch the Flow

PAR Cycle CanadaPosted on

Seems Harley-Davidson is not the only motorcycle manufacturer haemorrhaging money these days. Yamaha is also suffering massive losses. Back in August the Japanese motorcycle maker announced its net loss in 2009 would balloon to 182 billion yen (2.11 billion dollars), more than quadrupling previous forecasts, because of sluggish sales and a strong yen. Taking measures to staunch the flow, Yamaha Motor President Takashi Kajikawa announced Monday that as of November 1, he’s handing over the reins to company Chairman Tsuneji Togami. The chairman position will be left vacant for the time being and Kajikawa will remain at the company as a board member.

RECENT ARTICLES



Mv Agusta closes a successful year and gears up production in Schiranna


2024 FC 250 and FC 450 Rockstar Edition models take customization and performance to an exciting new level


Metzeler Karoo 4 tyres and the BMW R 1300 GS: from 0 to 6000 metres above sea level in less than 24 hours


Get to the front of the pack: chase the 2024 KTM 450 SX-F and 250 SX-F Factory Editions


Superveloce Arsham – The most exclusive collaboration in the motorcycle world


Bridgestone Named Official Tire of FAST Riding School