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Yamaha predicts loss

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Gummiente
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Yamaha predicts loss

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#1 Post by Gummiente » Wed Feb 18, 2009 12:09 pm

Just in case people think Harley is the only one facing difficult times, Yamaha is predicting its first loss since 1984... a 22% worldwide drop in motorcycle sales :shock: ...

http://cmgonline.com/content/view/1230/51/

EDIT: You may have to delete a pop-up ad first before viewing the article
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#2 Post by RhadamYgg » Wed Feb 18, 2009 12:59 pm

Here is another good article on Yamaha's loss

There have been a few articles on this lately. I'm not sure why Yamaha suffer's losses like this when Honda - should be in a similar position isn't posting anything like this.

Except for the rainbows that come out of Honda's tailpipes - I can't tell what the difference is...

Maybe Honda's turn will come when they have to post their profits for the year or something.

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#3 Post by Gummiente » Wed Feb 18, 2009 1:02 pm

RhadamYgg wrote:Maybe Honda's turn will come when they have to post their profits for the year or something.
I think every manufacturer is going to have their turn soon, unfortunately. The only two wheeled industries that might see an increase in sales are the ones that manufacture scooters.
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#4 Post by jstark47 » Wed Feb 18, 2009 4:27 pm

Remember, for every one motorcycle Honda sells in the US, they or their affiliates/subsidiaries (e.g. HeroHonda) must sell 100 small-displacement motorcycles in Asia.
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#5 Post by RhadamYgg » Wed Feb 18, 2009 5:59 pm

jstark47 wrote:Remember, for every one motorcycle Honda sells in the US, they or their affiliates/subsidiaries (e.g. HeroHonda) must sell 100 small-displacement motorcycles in Asia.
The Indian guys here at work think we're crazy for the amount of money we spend on our bikes... And how big they are. I suspect you may be at least partially correct in that assessment.

Also, in India, apparently no outside India manufacturers can operate without partnering with a local manufacturer. Or at least they said something to that effect. Anyway, this might mean that not 100% of the profit might not go to Honda in India anyway.

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#6 Post by R3sp4wN » Wed Feb 18, 2009 11:19 pm

I recently purchased a new (new for me) bike and was hoping to get most of my money back by selling my old bike. I have had it posted on CL for about 2 weeks for 3,200, a decent price for my VLX. I have had 2 calls about it, once guy never actually came to look at it and the other guy offered 2,000. With that being said, I can understand how actual new bike sales can be taking a hit.
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#7 Post by MZ33 » Fri Feb 20, 2009 6:05 am

Group profits for 2008 dropped about 95 per cent, but remained positive, the company says.
:shock: :shock:
Dang! I'm no business person, but that sounds terrible.
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#8 Post by Theweapon52 » Fri Feb 20, 2009 11:39 am

Almost all motorcycle companies are in the same boat, maybe not 22% but pretty close. I wonder if its the same with auto sales though as super-luxury cars are not really taking huge hit. Obviously total sales are way down, but does anyone know if super-bikes or high end cruiser sales are dipping?
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#9 Post by jstark47 » Fri Feb 20, 2009 3:18 pm

Theweapon52 wrote:Almost all motorcycle companies are in the same boat, maybe not 22% but pretty close......Obviously total sales are way down, but does anyone know if super-bikes or high end cruiser sales are dipping?
Well, if the new Indian company does well with their $35K bikes, we'll know the high end market is still intact. Personally I'm not betting either way..
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#10 Post by High_Side » Fri Feb 20, 2009 4:06 pm

jstark47 wrote:
Theweapon52 wrote:Almost all motorcycle companies are in the same boat, maybe not 22% but pretty close......Obviously total sales are way down, but does anyone know if super-bikes or high end cruiser sales are dipping?
Well, if the new Indian company does well with their $35K bikes, we'll know the high end market is still intact. Personally I'm not betting either way..
I've got $20 that says they won't be here two years from now :wink:
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