2014 Moto Guzzi V7 Racer on 2040-motos

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Piaggio Reports 2011 Results

The Piaggio Group reported a 9.8% increase in net income in 2011 thanks to rising demand for scooters and increased sales in Asia. According to Piaggio‘s annual fiscal report, the Italian company made a profit of 47.0 million (US$62.6 million) in 2011, compared to a net profit of 42.8 million euros in 2010. Net sales reached 1.52 billion euros (US$2.02 billion) in 2011, a year-on-year increase of 2.1% from the 1.49 billion euros reported in 2010.

Piaggio Reports First Half 2011 Results

The Piaggio Group reported slight increases in net sales and net profit over the first six months of 2011 compared to the same period in 2010. Net sales increased 1.1% to 830 million euros (US$1.19 billion) over the first six months of 2011, compared to 820 million euros (US$1.18 billion) in the first half of 2010. Piaggio reported a net profit of 33.3 million euros (US$47.9 million), a slight increase from the net profit of 33.1 million euros (US$47.6 million) reported last year.

Moto Guzzi V7 Special, V7 Stone and V7 Racer Coming to US for 2013

Piaggio announced it will bring its newly-updated V7 models to North America with sales to begin in mid-October. We’ve written about the Moto Guzzi V7 Stone, V7 Special and V7 Racer when they were first announced by Piaggio in March, and we already have a review of the V7 line up from our European correspondent Tor Sagen. As we predicted at the time the three 750cc models will be sold in North America as 2013 models.