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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.

Yamaha Celebrating 50 Years of Racing at Indianapolis Grand Prix

Yamaha announced a slate of activities for the Aug. 26-28Indianapolis Grand Prix to mark the manufacturer’s 50th anniversary of Grand Prix racing. While Yamaha factory racers Jorge Lorenzo and Ben Spies wearing the special red and white 50th anniversary livery, race fans can purchase matching 50th anniversary gear and other merchandise and souvenirs.

Wayne Rainey Visits Yamaha Racing HQ

Racing legend and three-time 500cc Grand Prix Champion Wayne Rainey paid a visit to Yamaha Motor Racing’s headquarters just outside of Milan, Italy. The 1990-1992 World Champion met with employees of Yamaha Racing, Yamaha Motor Italy and Yamaha Motor RD Europe and officially opened a new boardroom named in his honor. Rainey, along with current Yamaha factory MotoGP racers Jorge Lorenzo and Ben Spies, took time to take photographs and sign autographs with the Yamaha staff.