International Dealer News IDN 133 October/November 2016 - Page 14

news ROOM NEWS BRIEFS Spain extended their dominance in the Trial Des Nations in September to a 13th straight win at the French ski resort of Isola 2000, with Japan second and GB third; in the women’s event Team GB took a 4th straight win, with Spain second and Germany third. United States national crash statistics 2015 show a + 8.3% increase in fatalities and 4.3% decrease in injuries. Motorcycle fatalities where alcohol is said to have been a factor were down -0.4%. Noted Italian suspension specialist Andreani is to hold another of its popular Suspension World Academy courses for professionals of all levels at its headquarters near the Misano race circuit in Italy. The twoday course on November 7th/8th 2016 will be run by the same Andreani suspension technicians who work the circuit paddocks for most of the leading race teams. Polaris Industries’ Timbersled division has expanded the range of reversible motorcycle to snowmobile and back again conversion kits it sells, with the addition of its ST 90 ‘Ripper’ kit, which allows most popular 110 cc dirt bikes to be converted into a snow-bike for the winter, and back again to two-wheel spec in the spring. Despite its previously announced and ambitious European and North American plans appearing to be in a holding pattern, Indian giant Hero MotoCorp, the self-styled “largest two-wheeler manufacturer in the world”, continues to set new production and sales records for itself in its home markets. Having posted its highest ever quarterly sales in its first quarter, it has now reported selling 616,424 units in August 2016 - growth of + 28% over the corresponding month in 2015, when the company sold 480,537 units. Euro-4, the latest level of EU type-approval compliance regulations, comes into force on January 1st 2017. The measures include the most stringent emission limits yet implemented in Europe and additional requirements such as ABS on larger displacement machines. Spanish brake component manufacturer Industrias Galfer has been awarded the KTM/Husqvarna ‘Supplier Quality Award’ for their OE fitment and KTM parts programme replacement brake discs. 14 Yamaha Europe unit sales up Yamaha have released their financial results for the first six months (January to June 2016) of their 2016 financial year. Net sales of motorcycle products overall were 477.5 billion yen (a decrease of 49.5 billion yen or 9.4% compared with the same period the previous fiscal year), and operating income was 18.1 billion yen (a decrease of 4.0 billion yen or 18.0%). For unit sales in developed markets, while Europe experienced an increase due to the effect of the launch of new products such as the MT-10 and XSR900, North America saw a decrease due to the planned reductions in distribution inventories, leading to overall unit sales on a similar level to the previous year. Although net sales and operating income both decreased due to the appreciating yen, they both remained in the black. Unit sales in the emerging markets of India, the Philippines, Vietnam and Thailand increased, but decreased in Indonesia and Brazil due to market slumps etc., leading to overall unit sales on a similar level to the previous year. While net sales decreased, operating income was on a similar level to the previous year thanks to the effects of product mix improvements and cost reductions etc. absorbing the effects of local currency depreciation. In terms of Yamaha’s overall global corporate results, the period saw net sales of 778.3 billion yen, (a decrease of 50.4 billion yen or 6.1% compared with the same period the previous fiscal year), and operating income was 65.4 billion yen (a decrease of 8.0 billion yen or 10.9%). Due to foreign exchange losses etc., ordinary income was 55.3 billion yen (a decrease of 19.1 billion yen or 25.7% against the same period the previous fiscal year), and net income for the half year attributable to parent company shareholders was 32.4 billion yen (a decrease of 19.7 billion yen or 37.8%). Developed markets experienced a decrease in sales and income compared with the same period the previous fiscal year due to the appreciating yen. In the emerging markets motorcycle business segment, while net sales decreased due to lower unit sales in Indonesia, Brazil, etc., operating income was on a similar level to the previous year thanks to the effects of cost reductions such as product mix improvements and promotion of the platform transition absorbing the effects of local currency depreciation. In addition, development costs related to future growth were systematically invested across the entire company. For the first half consolidated accounting period, the U.S. dollar traded at 112 yen