Yamaha Motor plans to increase motorcycle sales in Asia - report

Friday, 30 December 2005

Yamaha Motor plans to increase motorcycle sales in Asia - report Forbes - forbes.com TOKYO (AFX) - Yamaha Motor Co plans to increase sales of motorcycles in Asia outside Japan by introducing high-performance models and adding flagship stores, the Nikkei Business Daily reported without citing sources. In two to three years, Yamaha aims to raise sales of automatic-transmission motorcycles to about of 30 pct of total motorcycle sales in the region, from roughly 20 pct at present. It also plans to introduce other high-end models priced between 100,000-150,000 yen and open large flagship dealerships in India, the report said. .... In Asia, Yamaha focuses on the ASEAN region, such as Indonesia, Thailand and Vietnam, as its strategic market for motorcycles. Sales in Indonesia, Thailand and Vietnam totaled 168.6 bln yen in 2004 and the company aims to increase that to 273 bln yen in 2007. In India, the company plans to develop flagship stores, similar to what it has been opening in Thailand and Vietnam. Yamaha has around 450 sales sites in India, but only one of these is a flagship store. In the near term, it plans to raise the number of such sites in India to 40-50, the report said. Related Articles: Restore a Motorcycle 2006 Motorcycle Production to Reach 5.8M SGI Roadsmart - Motorcycle safety Starfire's Composite Motorcycle Brakes Excel on Test Track The Harley-Davidson - A Review Ridin' poses hearing risk Motorcycles emit more polutants

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