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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.

Vespa 946 Production Model Confirmed for North America

Piaggio confirmed it will be importing the production version of its Vespa 946 (a.k.a. the “Quarantasei“) to North America, representing the next generation of scooters from the iconic Italian brand. The 946 was presented alongside the Aprilia Caponord 1200 and Moto Guzzi California 1400 at Piaggio’s North American dealer meeting last week in Miami.

1954 AJS E95 May Fetch Upwards of $750K in August Pebble Beach Auction

This uber rare 1954 AJS E95, aka The Porcupine, may become the most expensive motorcycle in the world. World-famous auction house, Bonhams, has recently announced that it will handle auctioning of an ultra-rare 1954 AJS E95 during the Pebble Beach Car Week held annually in August at the Quail Lodge Golf Club in Carmel, Calif. Bonhams estimates that due to the rarity of the E95 (only four were completed by British brand AJS) it may see a bid as high as $750,000.