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Yamaha to Cut Motorcycle Production in 2009

With mounting inventories coupled with a drop in demand, Yamaha will be cutting its motorcycle production in Japan by 24 percent this year or to about 260,000 total units; one newspaper reported this would be a 40-year low for the manufacture. Yamaha plans to cut production for motorcycles and other products by 30 percent in the Americas, 20 percent in Europe but will maintain production levels in Asia where demand has not dropped off. The company is forecasting its group sales to fall 22 percent with an operating loss of about $300 million.

Official: Rossi Leaving Ducati for Yamaha Return

In a pair of carefully-timed press releases, Ducati announced it will part ways with MotoGP star Valentino Rossi at the end of the season and Yamaha announced it has signed Rossi to a two-year contract. The arrangement had been in the works for some time now and the two manufacturers had reportedly wanted to wait until Aug. 15 to make their announcements.

Isle of Man TT 2012: Sidecar TT Race 1 Results

Dave Molyneux won his 15th career Isle of Man TT race with a victory in the first Sure Sidecar TT race of the 2012 festival. The win comes in Molyneux’s return to the Isle of Man TT after sitting out last year’s competition. By far the most successful Sidecar racer in TT history Molyneux is third overall among riders in any class, behind Joey Dunlop (26) and John McGuinness (18).