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Yamaha Motiv – A Car From The Tuning Fork Company

According to reports from the Tokyo Motor Show Yamaha has announced preliminary plans to produce the Motiv, a lightweight, two-seater similar to a Smart car. The Motiv is apparently based on Gordon Murray Design‘s T25 and T27 concept cars and will apparently use Murray’s iStream assembly process. Sources say the vehicle is targeted for the European market and will be available in both electric as well as fossil fuel versions.

Bonhams To Sell Garelli Grand Prix Collection At No Reserve

Mark your calendars for February 5 and 6, 2013, as those are the dates when Bonhams — one of the world’s largest auctioneers of fine arts and antiques — will put for sale two motorcycle collections which include some incredibly rare and historic machines. The Grand Palais in Paris, France will play host to the auction, which includes the entire Garelli Grand Prix collection as its headliner. Founded in 1919, many famous Italian racers got their starts on Garelli motorcycles.

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.