Yamaha Reports Q1 2010 Results
Yamaha reports Q1 2010 results
The Japanese manufacturer reported 309.9 billion yen (US$3.3 billion) in sales over the first quarter ending March 31 2010, up 16.3% from the 266.5 billion yen (US$2.9 billion) in the first quarter of 2009.
Yamaha sold 1.6 million motorcycles worldwide, up 26% from the 1.2 million units sold in 2009. The bulk of the increase came in the Asian region (excluding Japan), where sales rose to 1.4 million from 1 million. Sales in Japan dropped to 24,000 units from 28,000 units while North American motorcycle sales dropped by 57.5% to 17,000 units from the 40,000 units sold in the first quarter of 2009.
The gains in the Asian market however 218 billion yen (US$2.3 billion) in revenue in the quarter, up 16% from 2009.
Over rest of the year, Yamaha forecasts 1.2 trillion in sales, with 6.5 million motorcycles sold including 56,000 in North America.
Motorcycle.com presents an unrivaled combination of bike reviews and news written by industry experts
More by Motorcycle.com Staff
Comments
Join the conversation