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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.

2012-2013 Moto Guzzi Griso, Norge, Stelvio NTX Rear Suspension Recall

Earlier this month, we wrote about a recall in Canada for the 2012-2013 Moto Guzzi Griso, Norge GT 8V and Stelvio NTX 1200 8V because of a problem with their rear suspension systems. The National Highway Traffic Safety Administration has also announced recall for the U.S. market, revealing more information about the issue.

Moto Guzzi Announce 2014 Models

The California 1400 line of cruisers headlines Moto Guzzi’s 2014 model lineup. As the Europe’s continuously operating motorcycle manufacturer (the company was founded in 1921) Moto Guzzi shows no signs of letting up any time. soon.