TOKYO -- A little more than 10 years after entering the Philippine motorcycle market, Japan's Yamaha Motor is closing in on compatriot and local market leader Honda Motor.
Yamaha's motorcycle sales in the country rose for the sixth straight year in 2018, surging 31.7% from a year earlier to 539,000 units, driven by scooters targeting younger motorists. The nation's overall motorbike market expanded 14% in the same year.
