2016 Indian Scout Thunder Black on 2040-motos

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Piaggio Reports First Half 2011 Results

The Piaggio Group reported slight increases in net sales and net profit over the first six months of 2011 compared to the same period in 2010. Net sales increased 1.1% to 830 million euros (US$1.19 billion) over the first six months of 2011, compared to 820 million euros (US$1.18 billion) in the first half of 2010. Piaggio reported a net profit of 33.3 million euros (US$47.9 million), a slight increase from the net profit of 33.1 million euros (US$47.6 million) reported last year.

Polaris Reports Q3 2013 Sales Results

Polaris Industries topped the $1 billion mark in sales for the first time in company history during the third quarter. Total sales revenue totaled $1.1 billion in the quarter, up 25.3% from $879.9 million reported in the same quarter last year. “Our record third quarter results reflect both the ongoing demand for our existing products and the potential contained within the initial shipments of our model year 2014 vehicles, the largest new product introduction in the company’s history,” says Scott Wine, chief executive officer of Polaris Industries.

Hero Moto Unveils Leap Hybrid Scooter Concept, Claims 235 MPG

Indian manufacturer and former Honda partner Hero MotoCorp has unveiled a new hybrid scooter prototype at the 2012 Auto Expo in New Delhi. The Hero Leap runs on a series hybrid powertrain with the battery-powered electric motor providing most of the power and the gasoline engine acting as a range extender, charging the battery and supplying power when the battery runs low. Hero claims fuel economy of up to 100 km/l, which translates to an eye-popping 235 mpg.