1980 Moto Guzzi on 2040-motos

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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.

2015 Moto Guzzi V7 II Lineup to Debut at Intermot

Piaggio will present an update Moto Guzzi V7 lineup at next week’s Intermot show in Cologne. Dubbed the V7 II, the new model family will again be available in three versions, the V7 II Stone, V7 II Racer and V7 II Special. Guzzi’s signature longitudinally-mounted engine returns, but mounted 10mm lower and tilted 4° forward, addressing rider complaints about a lack of knee space.

Piaggio Opening New Design Center in US

Piaggio announced it is opening a new design center in Pasadena, Calif., to be headed by Aprilia RSV4 designer Miguel Galluzzi. Roberto Colaninno, chairman and chief executive officer of  the Piaggio Group, announced plans for the new Advanced Design Center at a dealer convention for the Piaggio Group Americas in Miami, Fla. At the moment, North American customers usually have to wait a little longer before they receive new Piaggio models, with most models arriving on these shores months after they are available in Europe.