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Piaggio Reports Q3 2011 Results

Piaggio announced a net profit of 46.3 million euros (US$63.3 million) over the first nine months of 2011. That represents a slight dip from the 46.7 million euros (US$63.8 million) over the same period of 2010, but still respectable numbers in the face of a shrinking market for motorcycles in Europe. The decrease in profit comes despite a 2.0% increase in net sales, with Piaggio taking in 1.20 billion euros (US$1.64 billion) over the first three quarters.

Turenduro Moto Guzzi V85 TT has become the locomotive of Piaggio Group sales

The Italian concern reported positive sales results for 2019. Over the past year, the brand merger showed a 1.3% increase in sales to 611,300 units, of which 399,600 units (+1.6%) were two-wheeled vehicles. Sales statistics in the Asia-Pacific region improved markedly, with a 14.5 percent increase.

Moto Guzzi Revives V7 in US

If contemporary society has taught us anything, it is that few things are held as sacred. Shameless film and television remakes are rampant while musicians sample (steal) any beats or mixes they deem suitable that will gain their crumby creation attention. In regards to motorcycles, there are times when retro-inspired modern engineered creations work, like the Triumph Thruxton for instance.