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Cyril Despres Signs with Yamaha

Five-time Dakar Rally winner Cyril Despres has signed on with Yamaha Motor France to race on the Yamaha YZ450F. Despres won the Dakar Rally in 2005, 2007, 2010, 2012 and 2013 with KTM but parted ways with the Austrian manufacturer in March. For 2014, Despres is trading in KTM Orange for Yamaha Blue, riding with support rider and fellow Frenchman Michael Metge.

Yamaha, Honda Donate to Thailand Flood Relief Efforts

Honda and Yamaha announced relief aid for the people of Thailand affected by severe flooding that has swamped large parts of the country since late July. Yamaha and its Thai subsidiaries are donating a relief package worth about 30 million yen (US$390,000) including 3,000 life jackets. Yamaha is evaluating what items to provide including outboard motors.

Yamaha Reports Q2 2012 Results

Yamaha has lowered its 2012 year-end sales forecast by 14.3% after reporting disappointing first half results. The Japanese manufacturer reported a profit of 14.5 billion yen (US$184.3 million), a 49.8% decrease from a profit of 29 billion yen reported in the first half of 2011. According to the company’s financial report for the quarter ended June 30, 2012, Yamaha‘s net sales totaled 632.2 billion yen (US$8.04 billion), a 4.6% decrease from net sales of 663.1 billion yen reported in the same quarter of 2011.