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Yamaha predicts loss
Posted: Wed Feb 18, 2009 12:09 pm
by Gummiente
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
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http://cmgonline.com/content/view/1230/51/
EDIT: You may have to delete a pop-up ad first before viewing the article
Posted: Wed Feb 18, 2009 12:59 pm
by RhadamYgg
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.
RhadamYgg
Posted: Wed Feb 18, 2009 1:02 pm
by Gummiente
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.
Posted: Wed Feb 18, 2009 4:27 pm
by jstark47
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.
Posted: Wed Feb 18, 2009 5:59 pm
by RhadamYgg
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.
RhadamYgg
Posted: Wed Feb 18, 2009 11:19 pm
by R3sp4wN
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.
Posted: Fri Feb 20, 2009 6:05 am
by MZ33
Group profits for 2008 dropped about 95 per cent, but remained positive, the company says.
Dang! I'm no business person, but that sounds terrible.
Posted: Fri Feb 20, 2009 11:39 am
by Theweapon52
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?
Posted: Fri Feb 20, 2009 3:18 pm
by jstark47
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..
Posted: Fri Feb 20, 2009 4:06 pm
by High_Side
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
