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Piaggio Reports First Half 2011 Results

The Piaggio Group reported slight increases in net sales and net profit over the first six months of 2011 compared to the same period in 2010. Net sales increased 1.1% to 830 million euros (US$1.19 billion) over the first six months of 2011, compared to 820 million euros (US$1.18 billion) in the first half of 2010. Piaggio reported a net profit of 33.3 million euros (US$47.9 million), a slight increase from the net profit of 33.1 million euros (US$47.6 million) reported last year.

All 50 States Ranked For Highest Motorcycle Ownership Per Capita

In a recent study done ranking each of the 50 states (and the District of Columbia) by motorcycle ownership per capita, South Dakota ranked the best. There are a total of 69,284 motorcycles registered in the state, according to the Department of Transportation, and with a total population of 816,598, when you do the math, there’s roughly 12 people in South Dakota for every motorcycle. Considering South Dakota is the home of the Sturgis rally, its ranking on this list may not be much of a surprise.

Hero MotoCorp Launches 125cc Ignitor in India

Hero MotoCorp has launched the Ignitor, a 125cc premium model based on the CBF Stunner from former partner turned rival Honda. The Ignitor is one of the final models Hero will produce with technology licensed from Honda, and it is expected to bridge the gap before Hero introduces its own new models (with help from a gentleman named Erik Buell.) Like the Stunner, the Hero Ignitor is powered by a 125cc single-cylinder engine. Both models claim 11hp and 8 ft-lb., but the Ignitor reaches its peak torque at 5000 rpm while the Stunner has to spin up to 6500 rpm.