Yamaha Sales Predicted Down 20%

[flyingz06]

Looks like Yamaha is having problems with the Yen vs. Dollar.
"Combined sales in North America and Europe may decline as much as 20 percent this year, compared with an earlier estimate for a drop of about 10 percent. Slumping demand for motorcycles in developed countries is forcing Yamaha to slash jobs and close plants. The company will shut five factories in Japan and one making boats in the U.S. by 2012, adding to the closure of a motorcycle plant in Italy last year. Yamaha will cut as many as 1,000 jobs this year after eliminating 1,100 positions in 2009."

Here is a Press Release from Yamaha.

Here is what is happening with Yamaha specifically and other motorcycle OEMs --Bloomberg News

Does this spell doom for an updated 2011/12 FJR?? Only time will tell.

Hey it is only going to get worse with the economy, lack of jobs and TAXES ARE COMING!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! No money for stuff. TAXES TAXES TAXES TAXES

The "man" promised "change". Yep, he kept his word, we got change. Time to reverse our misfortunes. November is the time to change things...

Guideline #2 in THIS link needs to be read by you immediately, if not sooner.

Such postings are strictly frowned upon here.

Bad form. :nono:

I had it when the mods make you mod the truth. Argh!

 

[Ignacio]

I had it when the mods make you mod the truth. Argh!

I hate it when people think the mods aren't human and aren't justifiably sick of playing nursemaid to political crap. I'm certainly sick of the few that don't take it to one of the many, Many, MANY, [SIZE=18pt]MANY[/SIZE] other places on the Intertubes for that divisive crap. :angry:

It's coming to the end of a great summer folks and a fall that will be full of people wanting to take to forums. Please keep this and other threads about FJRs please. Other stuff....find another place.

Thank you.

The Management

 

[palerider]

I had it when the mods make you mod the truth. Argh!

I hate it when people think the mods aren't human and aren't justifiably sick of playing nursemaid to political crap. I'm certainly sick of the few that don't take it to one of the many, Many, MANY, [SIZE=18pt]MANY[/SIZE] other places on the Intertubes for that divisive crap. :angry:

It's coming to the end of a great summer folks and a fall that will be full of people wanting to take to forums. Please keep this and other threads about FJRs please. Other stuff....find another place.

Thank you.

The Management

+1

Thanks, Ignacio.

 

[bikerkash]

Looks like Yamaha is having problems with the Yen vs. Dollar.
"Combined sales in North America and Europe may decline as much as 20 percent this year, compared with an earlier estimate for a drop of about 10 percent. Slumping demand for motorcycles in developed countries is forcing Yamaha to slash jobs and close plants. The company will shut five factories in Japan and one making boats in the U.S. by 2012, adding to the closure of a motorcycle plant in Italy last year. Yamaha will cut as many as 1,000 jobs this year after eliminating 1,100 positions in 2009."

Here is a Press Release from Yamaha.

Here is what is happening with Yamaha specifically and other motorcycle OEMs --Bloomberg News

Does this spell doom for an updated 2011/12 FJR?? Only time will tell.

As small as the sport touring market is the FJR just may be coming to an end, a very sad sign of the times.

 

[charismaticmegafauna]

As small as the sport touring market is the FJR just may be coming to an end, a very sad sign of the times.

I recently had lunch with the service manager of a large dealership (four locations) and he said that they were just hanging-on -- sales are very, very, slow.

 

[oldryder]

A possible bright side ...

the extended recession has created a huge backlog of demand. Traditionally, by this time in a "recovery" that pent up demand is driving the economy along at a very nice pace. This time, due mostly to the irrational behavior of a congress that seems to think the cure for too much debt is even more debt, people are remaining "hunkered down" much longer than usual. However, sooner or later that pent up demand will emerge.

Private companies are also sitting on $2 trillion in cash waiting for some evidence that the US Government will start acting at least somewhat responsibly again. This also could help drive an actual recovery instead of the "recovery summer" we're all getting now.

Consumer spending plus business spending recovering and next year could actually be pretty good. I hope so. I want to buy a new bike and I will as soon as business conditions improve.