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Calling all Moto Guzzi owners...

LEGENDARY ITALIAN motorcycle manufacturer Moto Guzzi have announced a mass European ride-out, named 'Where Eagles Fly'. Convoys of Moto Guzzi enthusiasts and their bikes will set off from six European cities to meet in Milan on November 10th for the opening of the EICMA 2009 motorcycle show. On November 8th, the British Guzzisti participating in the first Where Eagles Fly tour will set off from London (other convoys will also be setting off from Madrid, Amsterdam, Copenhagen, Vienna and Naples).

Piaggio Reports Q1 2013 Results

The Piaggio Group reported an 11.6% drop in net sales for the first quarter of 2013, the result of a struggling economy and unseasonably cold weather in Europe and a flatlining two-wheeler market in Vietnam. There was however some good news in North America, Vespa sales in India and a 27.8% increase in Moto Guzzi sales. According to the company’s first quarter report, Piaggio reported net sales of 303.4 million euros (US$396.8 million), down from net sales of 343.1 million euros reported the same quarter of 2012.

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.