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Calling all Moto Guzzi owners...

LEGENDARY ITALIAN motorcycle manufacturer Moto Guzzi have announced a mass European ride-out, named 'Where Eagles Fly'. Convoys of Moto Guzzi enthusiasts and their bikes will set off from six European cities to meet in Milan on November 10th for the opening of the EICMA 2009 motorcycle show. On November 8th, the British Guzzisti participating in the first Where Eagles Fly tour will set off from London (other convoys will also be setting off from Madrid, Amsterdam, Copenhagen, Vienna and Naples).

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.

Piaggio Reports Q2 2012 Results

The Piaggio Group reported a 4.8% drop in motorcycle and scooter sales over the first half of 2012 thanks to the continuing struggles of the European economy. The Piaggio Group includes the brands Aprilia, Moto Guzzi and Vespa. According to the company’s second quarter report, the Piaggio Group sold 216,700 motorcycles and scooters in the first half of 2012, compared to 227,700 units in 2011.