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Piaggio Reports 2011 Results

The Piaggio Group reported a 9.8% increase in net income in 2011 thanks to rising demand for scooters and increased sales in Asia. According to Piaggio‘s annual fiscal report, the Italian company made a profit of 47.0 million (US$62.6 million) in 2011, compared to a net profit of 42.8 million euros in 2010. Net sales reached 1.52 billion euros (US$2.02 billion) in 2011, a year-on-year increase of 2.1% from the 1.49 billion euros reported in 2010.

2023 Moto Guzzi V100 Mandello S Review - First Ride

A Moto Guzzi built for the 21st Century without sacrificing 100 years of heritage Credit: Photos by Moto Guzzi Only three motorcycle manufacturers in the world can claim to have been in continuous production for more than 100 years, and Moto Guzzi is one of them. When it comes time to make a historic transformation to the brand, that change carries a lot of weight on its shoulders. With the Moto Guzzi V100 Mandello, the manufacturer alludes – twice – to that long history in the name alone.

Q3 2013 US Motorcycle Sales Results

Motorcycle and scooter sales in the U.S. in 2013 remain consistent with last year’s figures, according to data released by the Motorcycle Industry Council. Several manufacturers blamed poor weather for the poor start this year, and the rebounding sales in the third quarter helped to negate the slow sales from earlier in the year.