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Yamaha Motors looses $1.98 Billion, president resigns Yamaha Motors looses $1.98 Billion, president resigns
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Old 10-31-2009, 07:15 PM   #1 (permalink)
Throttle Jockey
 
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Default Yamaha Motors looses $1.98 Billion, president resigns
Yamaha Motor President Takashi Kajikawa has resigned, with the Japanese motorcycle maker suffering massive losses that will reach $1.98 Billion US dollars for this fiscal year. Tsuneji Togami, currently chairman of the company, will take over as president, and the chairman position will be left vacant for now.

Ouch. The motorcycle industry meltdown continues...


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