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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.

2019 Moto Guzzi V85 TT is Officially Official

Wow, I think we like this one. “The fundamental concepts at the heart of the V85 TT project are simplicity, ease and practicality, values typical of those ’80s enduro bikes that could be used for anything, from the daily commute to adventurous trips, yet also values that are gradually getting lost in an increasingly homologated market, where ranges favor significant size and weight,” reads one small part of Moto Guzzi’s 4,000-word press release announcing the V85 TT. The main items are that the new 853cc air-cooled 90-degree two-valver – the “eight and a half” – delivers maximum power of 80 horses and 80 Nm at 5,000 rpm, with 90% of said torque available at 3,750 rpm.

“The Meet” Vintage Motorcycle Show This Saturday

The stage is set for ”The Meet at ACM” motorcycle show this weekend in Tacoma, WA. While festivities will begin on Friday evening, America’s Car Museum (ACM) will host the third annual Vintage Motorcycle Festival on Saturday from 10:00 AM – 5:00 PM. Organizers expect 450 vintage motorcycles and scooters from all over the nation to attend.