1972 Moto Guzzi 850 Eldorado No Reserve on 2040-motos

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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.

Piaggio Opening New Design Center in US

Piaggio announced it is opening a new design center in Pasadena, Calif., to be headed by Aprilia RSV4 designer Miguel Galluzzi. Roberto Colaninno, chairman and chief executive officer of  the Piaggio Group, announced plans for the new Advanced Design Center at a dealer convention for the Piaggio Group Americas in Miami, Fla. At the moment, North American customers usually have to wait a little longer before they receive new Piaggio models, with most models arriving on these shores months after they are available in Europe.

Bonhams To Auction Bruce Smith Collection Of Original Illustrations

On October 20, Bonhams will be auctioning off a collection of original illustrations by Bruce Smith from the 1960s and 1970s. Each one will be signed by Smith on heavy cartridge paper. The collection is comprised of cutaway illustrations of a 1963 Royal Enfield Interceptor 750cc, Chris Vincent’s 1964 BSA 650cc A65 Race Outfit, and a 1966 Greeves Racer, the largest of this series being 45cm x 62cm.