2010 Moto Guzzi V7 Cafandatilde;andcopy; Classic Wonandamp;#039;t Be on 2040-motos

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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.

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.

Moto Guzzi is preparing to introduce a new model: the V100 Mandello

2021 is an anniversary year for the company from Mandello del Lario: Moto Guzzi is actively celebrating its 100th anniversary since its inception. And in honor of this date, the Italians have prepared a new model that, on the one hand, has retained the familiar architecture of Guzzi, on the other hand, slowly distanced itself from the past.