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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.

Guzzi World Days 2011: Moto Guzzi Celebrates 90th Birthday

A record crowd of over 20,000 landed in Mandello del Lario, Italy, for Giornate Mondiali Guzzi (Guzzi World Days) to celebrate Moto Guzzi’s 90th anniversary. The first Guzzi World Days event since 2007, the three-day celebration attracted thousands of enthusiasts representing about 52 different countries around the world. Visitors got to see the restoration efforts on historic Moto Guzzi landmarks including its famous wind tunnel, the first to be used by a motorcycle manufacturer to test aerodynamics.

Piaggio Multimedia Platform iPhone Connectivity Announced for Piaggio X10 Maxi-Scooter

Piaggio announced a new iPhone connectivity system set to debut on its new X10 maxi-scooter. The Piaggio Multimedia Platform (PMP) will be available as a kit for the 125cc, 350cc and 500cc versions of the Piaggio X10, and eventually may be introduced to other models in the Piaggio Group (which would include the brands Aprilia, Moto Guzzi and Vespa.) Designed by Re:Lab, the PMP system  turns an iPhone into an onboard computer and secondary display. The kit mounts the iPhone over the Piaggio insignia on the center of the X10′s handlebar which, from the rider’s perspective, puts it just below the scooter’s standard instruments.