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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.

“The Meet” Vintage Motorcycle Show This Saturday

The stage is set for ”The Meet at ACM” motorcycle show this weekend in Tacoma, WA. While festivities will begin on Friday evening, America’s Car Museum (ACM) will host the third annual Vintage Motorcycle Festival on Saturday from 10:00 AM – 5:00 PM. Organizers expect 450 vintage motorcycles and scooters from all over the nation to attend.

2014 Moto Guzzi California 1400 Custom and Touring Arrive at US Dealerships April 15

Moto Guzzi announced the all new California 1400 Custom and Touring models will land at American dealerships on April 15. The 2014 Moto Guzzi California 1400 Touring will be priced at $17,990 while the Custom version will be available for $14,990. The two new models form the centerpiece for the Piaggio Group‘s efforts to reinvigorate the Moto Guzzi brand.