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Piaggio Reports Q2 2012 Results

The Piaggio Group reported a 4.8% drop in motorcycle and scooter sales over the first half of 2012 thanks to the continuing struggles of the European economy. The Piaggio Group includes the brands Aprilia, Moto Guzzi and Vespa. According to the company’s second quarter report, the Piaggio Group sold 216,700 motorcycles and scooters in the first half of 2012, compared to 227,700 units in 2011.

Piaggio Reports Q1 2012 Results

Increased scooter sales offset a drop in motorcycle sales, but both segments reported increases in net sales for the Piaggio Group in the first quarter of 2012. According to Piaggio‘s first quarter report, the Group sold 9,400 motorcycles worldwide, down 8.2% from the 10,300 units sold in the same quarter last year. Scooter sales however saw a 7.9% increase to 79,200 units from 73,400 units.

The Hollywood actor became the representative of the Moto Guzzi tour enduro

In fact, our old sport Ewan McGregor is not only a Hollywood star but also a big fan of motorcycles, including Moto Guzzi products. In 2013, he was honored to represent the California 1400 and is now an ambassador for the V85 TT touring enduro (Tutto Terreno). The V85 TT is an interesting and powerful model that has been ordered by more than ten thousand bikers around the world even before its introduction.