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Yamaha Building New Factory in India

Yamaha has received approval from the government of India to build a new factory in Chennai in the southern state of Tamil Nadu. Joining an existing factory near New Delhi, the new Chennai plant is expected to increase Yamaha‘s production capabilities in India to 2.8 million units a year by 2018. The new factory will be built on a 109-acre lot in Vallam Vadagal on the outskirts of Chennai.

Yamaha to Produce PES1 and PED1 Electric Motorcycles by 2016

Yamaha announced plans to release the production versions of its PES1 and PED1 concept models within two years as part of the company’s plans to enter the electric motorcycle segment. The PES1 and PED1 (which stands for “Passion, Electric, Street” and “Passion, Electric, Dirt”) concepts were first revealed at last November’s Tokyo Motor Show. In the company’s newly-published annual report, Yamaha confirmed plans to produce the two models, saying: “In sports motorcycles, we are working to create new value with EV sports motorcycles, which we aim to launch in two years, with the development of the small, on-road sports PES1, as well as the PED1, which are being developed to expand the scope of electric vehicles to the off-road world.

James Stewart Signs With Joe Gibbs Racing – Bubba Returning to Motocross and Eying Future in Nascar

James Stewart has signed a multi-year contract with JGRMX, the motocross division of Joe Gibbs Racing. Stewart raced the last three years with the L & M Yamaha factory team, and he will continue with the Tuning Fork brand with JGRMX, riding a Yamaha YZ450F. The two-time AMA Supercross and one-time AMA Motocross Champion will debut with JGRMX at the Jan.