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Piaggio Reports Q1 2013 Results

The Piaggio Group reported an 11.6% drop in net sales for the first quarter of 2013, the result of a struggling economy and unseasonably cold weather in Europe and a flatlining two-wheeler market in Vietnam. There was however some good news in North America, Vespa sales in India and a 27.8% increase in Moto Guzzi sales. According to the company’s first quarter report, Piaggio reported net sales of 303.4 million euros (US$396.8 million), down from net sales of 343.1 million euros reported the same quarter of 2012.

2013 Moto Guzzi California 1400, Aprilia Caponord Confirmed for US

Piaggio confirmed it will introduce the new Aprilia Caponord 1200 and Moto Guzzi California 1400 to the U.S. market this fall. The announcement was made at Piaggio Group Americas’ dealer convention in Miami, Fla.

New Moto Guzzi V850X Coming as a Modern V7

Production special a technical heir to the V7 Moto Guzzi is preparing a new special edition model based on the V7 but with modern styling. Spy photos of a camouflaged test bike were first uncovered by Moto.it in late October, leading to speculation that it would appear at EICMA along with the V100 Mandello. That obviously didn’t happen, but Motorcycle.com can confirm that the bike is on the way, and will be called the Moto Guzzi V850X.