2001 Moto Guzzi California Ev on 2040-motos

Moto blog

Piaggio Reports Q3 2011 Results

Piaggio announced a net profit of 46.3 million euros (US$63.3 million) over the first nine months of 2011. That represents a slight dip from the 46.7 million euros (US$63.8 million) over the same period of 2010, but still respectable numbers in the face of a shrinking market for motorcycles in Europe. The decrease in profit comes despite a 2.0% increase in net sales, with Piaggio taking in 1.20 billion euros (US$1.64 billion) over the first three quarters.

Classic Japanese Bikes Highlight Bonhams’ Next Auction

Bonhams’ annual fall auction, the Classic Motorcycle Mechanics Show, at Stafford County Showground is scheduled for October 20, 2013. Included in the auction is the above pictured 1974 Kawasaki H1-RW 500cc triple. Expected to sell for approximately $96,000 to $112,000, the Japanese works Grand Prix racer is one of only two machines built by the factory for the French Kawasaki importer SIDEMM for use in the 500cc World Championship. The bikes were ridden during the 1974 season by the French endurance racing specialist Christian Léon and French-Canadian Formula 750 star Yvon Duhamel.

Piaggio Reports Q1 2012 Results

Increased scooter sales offset a drop in motorcycle sales, but both segments reported increases in net sales for the Piaggio Group in the first quarter of 2012. According to Piaggio‘s first quarter report, the Group sold 9,400 motorcycles worldwide, down 8.2% from the 10,300 units sold in the same quarter last year. Scooter sales however saw a 7.9% increase to 79,200 units from 73,400 units.