Honda predict worldwide motorcycle sales slump

Bike factories wind down production as economic downturn hits hard

Posted: 25 November 2008
by Visordown News

HONDA ARE forecasting a worldwide drop in bike sales as the global credit crisis takes a hold on the motoring industry, according to a top Honda executive.

Tatsuhiro Oyama, chief operating officer for Honda's motorcycle operations, told Reuters news agency that tighter credit was beginning to creep up on buyers, increasing the likelihood that sales would dry up next year.

"There's been a bit of a lag, but credit is being squeezed. I think if we have flat sales next (business) year we'd be lucky," he said, adding that forecasts for this year might need adjusting too.

But despite the global economic downturn Honda predicts motorcycle sales for the business year to March 31 2009 at 10.835 million units, mainly thanks to strong demand from the Asian market.

"What's important now is to make sure that supply stays in line with demand so we don't build up inventory and hurt resale prices," he said.

The company's Brazilian arm is asking staff to take paid leave between October and December, rather than buying back days in order to keep up with production flow. The move mirrors an initiative at Honda UK's Swindon car plant, where staff are to be idled for fifty days next year, in a bid to keep costs under control.

Oyama went on to say that the motorcycle business as a whole was holding up better than the car side.

The company had set an initial medium-term sales goal of 18 million motorcycles a year in 2010. Oyama admits this may be a little unrealistic. He said;

"It all depends on when the economy recovers."


Previous article
Suzuki V-Strom Concept for Donington
Next article
Get your ashes scattered at Montmelo circuit


honda, sales, credit
TwitterStumbleUponFacebookDiggRedditGoogle


Discuss this story

Dont really care about the Japanesse car/motorcycle makers, but this credit crunch bussiness is really getting out of hand, the motor vehicle sector is in big touble.

Posted: 26/11/2008 at 06:24


So you are posting something that you confess you don't care about, on a subject that is well documented globally and has been done a hundred times before here. You also bring no additional value or insight to it so what was the point of that Speedy?

As you well know I'm apparently as thick as shit but I just don't get the point of the post mate...


Posted: 26/11/2008 at 08:17

Clever them Japs, a world wide recession and they predict sales will go down.

They'll be making things smaller next


Posted: 26/11/2008 at 08:35


No thanks Radioactive, I don't need to PM anyone and not planning on having any tiffs as it hapens.


Posted: 26/11/2008 at 08:48

Orangevest wrote (see)

Clever them Japs, a world wide recession and they predict sales will go down.

They'll be making things smaller next


witty very witty LMAO

Posted: 26/11/2008 at 08:50

T509Speedy wrote (see)
Dont really care about the Japanesse car/motorcycle makers, but this credit crunch bussiness is really getting out of hand, the motor vehicle sector is in big touble.


It was in shit loads of trouble before this all started.

Over production, small margins, pace of change too great to be sustainable, too many manufacturers chasing too few customers, ever more stringent emission controls and so on yada yada yada


Posted: 26/11/2008 at 09:58

Went over Avonmouth (I think) at Bristol yesterday where they store new cars - there are always loads of cars there but yesterday there seemed to be many more than usual - thousands I reckon.

.


Posted: 26/11/2008 at 11:03

Radioactive Man wrote (see)
COYI wrote (see)

So you are posting something that you confess you don't care about, on a subject that is well documented globally and has been done a hundred times before here. You also bring no additional value or insight to it so what was the point of that Speedy?

As you well know I'm apparently as thick as shit but I just don't get the point of the post mate...


And whats your point

PM him and have a tiff


Yeah exactly, the blokes an idiot.

I dont care about the Japanese motor vehicle sector, but I care about the European and American sector, thats what I was saying, but he is far to dense to realise this.

Big Nige wrote (see)
T509Speedy wrote (see)
Dont really care about the Japanesse car/motorcycle makers, but this credit crunch bussiness is really getting out of hand, the motor vehicle sector is in big touble.


It was in shit loads of trouble before this all started.

Over production, small margins, pace of change too great to be sustainable, too many manufacturers chasing too few customers, ever more stringent emission controls and so on yada yada yada

Yeah, exactly right, very few of the manufacturers actually picked up on this, GM have been total idiots, along with Chrysler, they should have followed the same model as Ford then maybe they wouldnt be crying bankruptcy, Ford of Europe was phase one of the rejuvenation plans which were based on the way Japanesse run their car business ironically, Ford of Europe and China are booming, sadly Ford of America has been asses and are now in trouble having to tool up to make smaller cars with smaller engines.

Posted: 26/11/2008 at 17:54

I take it that Ford are one of the foreign comapnies that you'd want out of Britain under a nationalistic approach that you favour.


Posted: 26/11/2008 at 20:27


Speedy, it will be a pleasure to put you, with your constant offensive and racist drivel, back on ignore. If this site was moderated you would have been kicked off long ago I guess.

Posted: 26/11/2008 at 20:32

Piss off you wanker your just another inverted racist

Posted: 26/11/2008 at 21:06

red leader one wrote (see)
Piss off you wanker your just another inverted racist

by your logic, anyone who is not consumed with hatred  and rage is anti-white - not sure how you work that out

Posted: 26/11/2008 at 21:16

Kicked off for what racism?, show me where I have been racist, put me on ignore you really have nothing of value to add to anything anyway.

Posted: 26/11/2008 at 21:56

R1 loon wrote (see)

I take it that Ford are one of the foreign comapnies that you'd want out of Britain under a nationalistic approach that you favour.


Seeing as we dont have out own motor industry ( or a proper one ) then GM And Ford are going to have to do.

PS it was going to be a serious conversation, but you going to make it all childish then moan about it later.


Posted: 26/11/2008 at 21:57

T509Speedy wrote (see)
Kicked off for what racism?, show me where I have been racist, put me on ignore you really have nothing of value to add to anything anyway.


For being a bad cook

What do you think about being blackballed?


Posted: 26/11/2008 at 21:58

blackballed?.

Posted: 26/11/2008 at 21:59

Blackballed - ostracizing someone socially, e.g. prevention of finding local or field-specific employment, blacklisting from a club or other organization, etc. The name derives from an early voting system.

Posted: 26/11/2008 at 22:02

R1 loon wrote (see)
Blackballed - ostracizing someone socially, e.g. prevention of finding local or field-specific employment, blacklisting from a club or other organization, etc. The name derives from an early voting system.

Hold on the guy threatens to put me on ignore after dishing out insult after insult and your threatening to do what, put me on ignore and get other people to put me on ignore?.

Posted: 26/11/2008 at 22:05

T509Speedy wrote (see)
R1 loon wrote (see)
Blackballed - ostracizing someone socially, e.g. prevention of finding local or field-specific employment, blacklisting from a club or other organization, etc. The name derives from an early voting system.

Hold on the guy threatens to put me on ignore after dishing out insult after insult and your threatening to do what, put me on ignore and get other people to put me on ignore?.


No, I was using the word "black" to describe something, it's ironic that what you seem to find unacceptable is what you are becoming.

I'm not putting you on ignore, although your coments are getting more pointed all the time and crossing the line


Posted: 26/11/2008 at 22:08

R1 loon wrote (see)
T509Speedy wrote (see)
R1 loon wrote (see)
Blackballed - ostracizing someone socially, e.g. prevention of finding local or field-specific employment, blacklisting from a club or other organization, etc. The name derives from an early voting system.

Hold on the guy threatens to put me on ignore after dishing out insult after insult and your threatening to do what, put me on ignore and get other people to put me on ignore?.


No, I was using the word "black" to describe something, it's ironic that what you seem to find unacceptable is what you are becoming.

I'm not putting you on ignore, although your coments are getting more pointed all the time and crossing the line


I have not made any racist comments, please point out where I have, If I have I will apologise, but I have not.


Posted: 26/11/2008 at 22:10

Go back and read your posts in the BNP threads, I can't be arsed.

Posted: 26/11/2008 at 22:12

R1 loon wrote (see)
Go back and read your posts in the BNP threads, I can't be arsed.

I've never reffered to anyones skin colour, because colour isnt an issue to me, however yes I have reffered to people from different countries, but skin colour is deffinatley nothing to do with anything.

Posted: 26/11/2008 at 22:14

R1 loon wrote (see
 

red leader one wrote (see)
Piss off you wanker your just another inverted racist

by your logic, anyone who is not consumed with hatred  and rage is anti-white - not sure how you work that out



 I can't see what colour the poster is, (you must have a colour PC).

 My point is there are more non white racists than the other way around.

Anyway the term racist has been used so often now it doesn't wash.  Pun intended


Posted: 27/11/2008 at 15:58

Cool down guys. Let the products speak for themselves. We are constantly bombarded by millions of products of many different kinds catering to the varied needs of every individual. Advertisement on TV, radio and print often prove too good to be true or too much for us to take.

However, there are products that we don’t normally see on TV or hear about over the radio every day but have maintained the same appeal to the masses. Why is that so?

This might be because the products have been really good and that there’s no need for more advertisements because the products can speak for themselves.

For motorcycle enthusiasts over the years, Tourmaster might have already been like a household name. Tourmaster provides bikers with a wide range of motorcycle apparel and accessories which all have been patronized by millions of bikes all over the world. From jackets and pants (heated or not) to gloves and socks until rain gear and luggage, everything you need is under one name – Tourmaster. Loyal customers have remained loyal, satisfied clients have remained satisfied because the products really serve their purpose of being.

Blending well with Tourmaster apparel is your best pair of Motorcycle boots. These boots have been carefully crafted from first-grade materials, perfectly shaped for better convenience and to suit the different seasons and with firm-grip soles made of real rubber to keep you from slipping or sliding during a fall. These boots are also breathable and waterproof to support you during the nasty heat and the chilling cold rain. And for these types of boots, there is only one name to trust, Gaerne boots– genuinely made from Italy.

These products are really good that they don’t have to disturb your favorite TV show for a few minutes of advertisement or they don’t have to disrupt you from being entertained by your favorite song over the radio to let you know of their products. They don’t actually need lengthy and highly colorful ads because the products can loudly speak for themselves proving their quality and product integrity.

Posted: 04/04/2011 at 04:43

rightyo

Posted: 05/04/2011 at 12:32

Where do I sign..?

Posted: 05/04/2011 at 19:46

Yes, online shopping is always helpful indeed.

Every time I see a motorcyclist sporting such nice motorcycle accessories and apparel like jackets and pants made of leather or stylish sunglasses with matching wireless communication device, I cannot help but admire them so much. They always look so gorgeous and handsome, (as most of the bikers I see are males) and seem to be so adventurous and ready to take any challenges. I do not really care whether they are just street biker or competing bikers at that, but their looks are so stunning.
With the perfect choice of motorcycle accessories, there is not reason why a biker’s riding life can be boring anymore, as it used to be. The only thing they must be careful about is to choose the accessories that will best match up their motorcycles and such choices can become perfect matches. However, aside from style ad fashion that can be an identifying factor for accessories, it should be thought of that the rider should not only care for style and fashion. He should also be on the lookout for accessories that can somehow help guarantee his safety and protection during his rides to many places he wishes to go to.
A motorcycle is only as good as his rider, and the rider will be as his good as his accessories. If the rider chooses the right bike for his type of rides – off the road, street biking or challenges – he should also be able to choose the right accessories that conform to his fashion sense and style without having to sacrifice his safety, security and protection on and off the road.
We are all aware that motorcycling can be one of the most dangerous and extreme leisure activity or sport so all things should be put into consideration relative to style, comfort and safety.

Posted: 09/04/2011 at 16:16

I don't see anything logical reason...

Posted: 11/04/2011 at 10:23

Talkback: Honda predict worldwide motorcycle sales slump