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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.

Ben Spies Retires from Motorcycle Racing

Ben Spies announced his retirement from motorcycle racing, as injuries cut short a once promising career for the American. Spies retires with a World Superbike title in his first and only season in the series, and three AMA Superbike Championships. “I want to thank everyone from racing organizations, factories, teams and all my fans for helping me and supporting me throughout my career,” says Spies.

Yamaha YZF-R1 Returns for 2013 with New Colors

Yamaha announced new 2013 colors and graphics for its flagship sportbike, the YZF-R1. Beside the three color options, the 2013 Yamaha R1 returns unchanged, after getting a new seven-level traction control system in 2012. The three color options for 2013 are Matte Gray, Rapid Red and Raven, and the Team Yamaha Blue and White.