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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.

Ewan McGregor Donates Bike to Charity

Actor Ewan McGregor has introduced traveling long distances on motorcycles to the mainstream with the “Long Way Down” series. He is now trying to give UNICEF just as much exposure by donating one of his prized motorcycles to help raise money for the charity. “I’m donating my Moto Guzzi California motorcycle,” says McGregor, a UNICEF ambassador.

Guzzi World Days 2011: Moto Guzzi Celebrates 90th Birthday

A record crowd of over 20,000 landed in Mandello del Lario, Italy, for Giornate Mondiali Guzzi (Guzzi World Days) to celebrate Moto Guzzi’s 90th anniversary. The first Guzzi World Days event since 2007, the three-day celebration attracted thousands of enthusiasts representing about 52 different countries around the world. Visitors got to see the restoration efforts on historic Moto Guzzi landmarks including its famous wind tunnel, the first to be used by a motorcycle manufacturer to test aerodynamics.