Following the recent unveiling of the MT-25 in Indonesia, introduction of the larger MT-320/FZ-03 is expected shortly.
The only official confirmation we have of the new naked model are patent filings that surfaced a few weeks ago.Regardless Yamaha's strategy for the naked MT/FZ series is following the same trajectory as the R25 and R3 did.
Yamaha is in for a tough fight in the budding light weight naked category. Honda has had their CB300F on the market for almost a year now, Kawasaki will be adding the Z300 alongside the Ninjette and even KTM has skin in the game with their new to America this summer Duke 390.
Look for the MT-320/FZ-03 to make its debut later this year at EICMA and AIMExpo.