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Piaggio Reports 2012 Sales Results

The Piaggio Group reported a 7.3% decrease in net sales and a 9.0% decrease in net profit for 2012, thanks in large part to a sharp decline in demand in Europe including an all-time low for motorcycle sales in Italy. Piaggio reported net sales of 1.406 billion euros (US$1.842 billion) in 2012, down from 1.516 billion euros in 2011. Motorcycles and scooters accounted for net sales of 993.3 million euros  (US$1.301 billion), a 3.1% decrease from 1.025 billion euros reported for 2011.

Charge Up you iPhone While You Ride

Motorcyclists can now enjoy total freedom on the open road confident in the knowledge that their cell phones, GPS, MP3 players and latest generation of iPhone/iTouch devices will remain fully-charged and in-service for the duration of the ride thanks to Powerlet’s plug and play systems. “Our product line was inspired by personal experience and the realization that there were no worthwhile options for clean, reliable on-board power for cell phones, stereos and GPS devices,” says Powerlet Products founder Adam Bonislawaski. “Before we came on to the scene, riders would bust out the black tape and wire strippers and cut into their bike’s fragile wiring to tie-in a cheap cigar lighter to power their devices.

EICMA 2013: Moto Guzzi V7 Series Updates

Not to be left out of the 2013 EICMA show announcements, Moto Guzzi has announced its changes for the three models that make up the V7 line. Known for their 1970s-inspired style, the V7s are built, according to Moto Guzzi press materials, “to three fundamental pillars: the 90° transverse V-twin, the timeless double cradle frame and the renowned cardan shaft final drive.” Well, one of these pillars gets a functional update for 2014. The engine now utilizes a wet flywheel instead of the previous dry alternator.