Sunday, March 01, 2009

Motorcycle Japan Blog: Sluggish motorcycles lead Yamaha into first loss in twenty six years

Photo: Yamaha wet gear




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"Sluggish motorcycle sales and the strong yen are expected to push Japan's Yamaha Motor into loss for the first time in 26 years in 2009, the company warned today.

Net profit fell 97.4 per cent in 2008 to ¥1.85 billion ($31 million), the company said."


Source:Yamaha profit plunges 97 per cent as motorcycle sales screech to a haltwww.theaustralian.news.com.au,
From correspondents in Tokyo | February 12, 2009
Article from: Agence France-Presse
http://www.theaustralian.news.com.au/business/story/0,,25044735-36418,00.html


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