It seems that Yamaha wants to steal Honda’s thunder; the word on the street has them planning a $500 motorcycle.
We already told you about Honda’s $830 motorcycle last month. The bike, known as the Dream Yuga, was a bare-bones 110cc machine designed to sell in volume in India.
According to ABC News, Yamaha already sells a couple cheap motorcycle in India, the Crux and the YBR, priced around $635 and $760, respectively. But they figure they can sell bikes even cheaper than that, grabbing themselves a healthy portion of the country’s booming sales numbers while they’re at it. They sold over 500,000 bikes in India last year, and they’re aiming for over 600,000 this year.
Yamaha didn’t say when they expected the new bike to be on the roads, but they’re already working on plans, and we can’t see a $500 motorcycle being stuck in development hell for long. Plus, since it’s part of Yamaha’s plan to boost sales to two million bikes a year by 2016, they’ll have to get it on the market soon, to see their sales figures start to climb.