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Piaggio Reports Q3 2012 Results

The Piaggio Group reported a 9.1% decrease in net sales over the first nine months of 2012 compared to the same period in 2011, thanks in large part to a strong decline in the European market for two-wheelers. According to Piaggio‘s third quarter 2012 report, the Italian manufacturer recorded 706.3 million euros (US$913.8 million) in motorcycle and scooter sales, compared to 777.2 million in sales over the same period of 2011. The Piaggio Group, which also includes the brands Aprilia, Moto Guzzi, Vespa and other brands, sold 321,300 motorcycles and scooters in the first nine months of 2012, a year-on-year decrease of 3.5% from 2011.

Get $50 To Test Ride An Aprilia Or Moto Guzzi At Laguna Seca MotoGP

If you’re going to be at Laguna Seca for this weekend’s MotoGP race, be sure to stop by the Aprilia and Moto Guzzi booths, as both manufacturers are handing out $50 gift cards if you take a model from either manufacturer for a test ride. To qualify for the gift card, simply visit the Aprilia or Moto Guzzi booths during the weekend. There, you’ll receive a postcard encouraging you to test ride an Aprilia or Moto Guzzi at a participating US dealership.

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.