1961 Moto Guzzi Lodola 235 Gran Turismo on 2040-motos

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Limited Edition 2012 Moto Guzzi California 90 Unveiled

Updated with pricing and American availability. Moto Guzzi unveiled a limited edition California touring motorcycle to mark the Italian manufacturer’s 90th anniversary. The special edition model was presented at the manufacturer’s 2011 Guzzi World Days celebration in Mandello del Lario, Italy.

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.

Piaggio Reports Q2 2013 Results

The Piaggio Group reported a 12.1% decrease in net sales over the opening six months of 2013, the company’s worst first half showing since 2004. Net sales totaled 671.5 million euros (US$891.9 million) over the first six months, compared to 764.1 million euros reported in the same period of 2012. Piaggio still earned a net profit of 25 million euros (US$33.2 million ) in the first half, but that’s a 26.1% drop from last year’s 33.8 million euros.