Yamaha Motor Vietnam has introduced two attractive compensation options for customers owning motorcycles suspected of having their engine numbers tampered with, from the production lot between October 2021 and November 2024. The options include a free new motorcycle replacement or a full refund of the vehicle’s purchase price. This program will be effective until March 2026.
With Option 1, customers can choose a new motorcycle from available Yamaha models at the dealership, free of additional cost. If they select a higher-priced motorcycle, they only pay the difference; if the new motorcycle is less expensive, Yamaha will refund the surplus amount. The company will also cover all costs associated with the repurchase of the old motorcycle, support the sales procedures, and handle the vehicle registration and license plate transfer, along with other legal costs as applicable.
Option 2 allows customers to receive a full refund of the motorcycle’s value based on the price listed at the time of the transaction. Yamaha will inspect and evaluate the motorcycle within 14 working days and then inform the customer of the results. Motorcycles confirmed to have tampered engine numbers will be guided through the necessary procedures for recall and transaction with the dealership or relevant authorities.
Yamaha Motorcycle Dealership
However, Yamaha notes that the compensation policy does not apply to motorcycles that have been discarded, are unusable due to damage, or have engine numbers altered as a result of accidents, unauthorized repairs, or violations of the law that are not the manufacturer’s fault.
Previously, on March 5, 2025, Yamaha announced the recall of approximately 160,000 motorcycles produced between October 2021 and November 2024 due to suspected engine number tampering. The inspection and rectification program commenced on March 4, 2025, and will continue until March 4, 2026, at Yamaha dealerships nationwide.
The Motorcycle Market in Vietnam: Revving Up for a Recovery
According to global motorcycle data specialists, Motorcycles Data, sales in Vietnam got off to a bumpy start in the first half of 2024, experiencing a 1.4% dip. However, the market bounced back and showed promising signs of recovery in the latter part of the year.
The Power of Persuasion: Crafting Compelling Copy for a Successful Business
“Ailing Power Company Raises $38 Million in ‘Triple No’ Bonds Despite $215 Million First-Half Loss”
Despite recording a net loss of over VND 500 billion in the first half of this year, a power company has surprisingly raised nearly VND 900 billion in “three-no” bonds with a three-year maturity.
Vietbank Proudly Opens New Branch in Bac Ninh
On September 26, the Vietnam Thrift Bank, more commonly known as Vietbank, inaugurated its 120th transaction office: Vietbank Bac Ninh Branch in Bac Ninh city, Bac Ninh province.
What Do Banks Have to Say About the Sudden Halt of Magnetic Stripe Card Transactions?
“With the ever-evolving landscape of technology, banks are now encouraging their customers to switch from magnetic stripe ATM cards to the more secure chip-based cards. This shift is essential as it enhances security and protects users from potential fraud and unauthorized transactions. The new chip-enabled cards offer a more robust defense mechanism against malicious activities, ensuring that users can transact with peace of mind.”
Sure, I can assist you with that.
## Businesses Step Up to Support Flood Relief Efforts: Katinat Donates 1,000 VND per Cup, Okkio and Vietjet Air Offer 5,000 VND per Cup and Flight Ticket Respectively.
Katinat is stepping up to support flood relief efforts in Northern Vietnam. From September 12 to September 30, they will be donating 1,000 VND from every drink sold across their stores. Okkio Cafe is also showing their support by contributing 5,000 VND per cup, and Vietjet Air will be donating 5,000 VND per ticket sold. Every contribution counts, and these businesses are leading the way to help those affected by the natural disaster.
