The Tuning Fork Company had been continuing operations at its facilities following the March 11 earthquake off the coast of Japan but has now decided to temporarily suspend production at several facilities. Read ON: http://www.motorcycle.com/news/yamaha-closes-japanese-plants-90557.html
There has been a rising interest in automobile aesthetics and design. Underlining this aspect of the sector, Yamaha displayed its flagship muscle bike dubbed VMAX at the Japanese ‘Good Design is Good Business’ exhibition held at New Delhi, India. The company has highlighted different aspects of VMAX’s design through a presentation at the event.
Referred to as a monster machine, the VMAX equips a 1679cc V4 engine. This engine is also said to come with 10 times larger displacement value as opposed to an average motorcycle in the country. Boasting of its muscular looks, the architecture of the super bike has been looked upon as a reflection of the Japanese culture. This is mainly since its design blends vitality and pursuit while the V4 engine boosts the bike’s performance with optimum power.
JAKARTA Feb 25 (Reuters) - Japan's Yamaha Motor Co plans to build a new motorcycle factory near Jakarta for investment of 10 billion yen ($122.07 million) to meet growing demand, an Indonesian newspaper reported on Friday.
Yamaha, the second biggest motorcycle seller in Indonesia, sold 276,586 units in January, when total industry sales rose 32 percent from the previous year, according to industry data.
The new factory will produce 300,000 motorcycles a year with the aim of making the firm compete with Indonesia's biggest motorcycle distributor Honda Astra Motor, a subsidiary of Honda , Bisnis Indonesia quoted Dyonisius Betty, the head of Yamaha's local unit, as saying.
The firm is able to produce 3.6 million motorcycles a year from three existing factories, Betty said.
Foreign direct investment is growing into Indonesia as firms eye an expanding consumer market, relatively cheap labour and political stability in Southeast Asia's biggest economy. Sales of cars and motorbikes have boomed.
The local unit of Japan's Daihatsu will invest 2.1 trillion rupiah ($237 million) to build a new factory producing low cost cars in Indonesia, the firm said this week. ($1 = 81.920 Yen) ($1 = 8870 Rupiah) (Reporting by Telly Nathalia; Editing by Neil Chatterjee)
Read the original article:http://www.reuters.com/article/2011/02/25/indonesia-yamaha-idUSL3E7DP0HO20110225
TOKYO, Feb 15, 2011 - Japanese motorcycle maker Yamaha Motor saw its shares plunge by more than 10 percent on the Tokyo stock exchange Tuesday after its forecasts for 2011 fell short of market expectations.
Profit-taking drove the steep fall despite the motorcycle maker returning to the black in 2010, as brisk demand in Asian emerging markets more than offset the negative impact of a strong yen.
Increased sales of motorcycles in emerging markets lifted Yamaha's overall revenue as increased production and aggressive cost-cutting efforts also helped turn the company profitable, it said. Read On: http://www.capitalfm.co.ke/business/International/Yamaha-Motor-shares-plunge-as-outlook-disappoints-5505.html
Manufacturing - Yamaha Motor Co. will close its motorcycle factory in Barcelona and move production to France, affecting about 82 per cent jobs in the facility, the Nikkei business daily reported.
The Japanese motorcycle maker, which shut its Italian plant in 2009, has been assembling two-wheelers for the European market in Spain and France, the Nikkei said.
Projecting a slow market recovery, Yamaha has decided to rebuild its loss-making European business and consolidate its production in France, Nikkei said.