Yamaha half-year sales now reported. 2.13m units. 31.3% increase...

Yamaha half-year sales now reported. 2.13m units. 31.3% increase y-o-y and 71.0% increase in Q2. Yamaha was very badly affected by the Pandemic, but we have now seen the top three motor cycle manufacturers growing faster than VMT. It doesn't matter that most of these bikes are conventionally powered, because it indicates the momentum in the market demand for bikes which somehow VMT is not managing to take advantage of. And it puts to bed any remaining excuses about the 'pandemic effect', because it looks like that is now well behind us regardless of continuing issues in some countries.

Just another indicator that VMT Management need to focus on sales and growth rather than messing around with 'nice to do' stuff. The strong market recovery is good for us in that we know that before very long it will all convert to electric, but how frustrating is it when the companies with major market shares can grow faster than the VMT minnow !

And of course the VMT SP continues to reflect this. 2000.