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Piaggio Reports Q2 2013 Results

The Piaggio Group reported a 12.1% decrease in net sales over the opening six months of 2013, the company’s worst first half showing since 2004. Net sales totaled 671.5 million euros (US$891.9 million) over the first six months, compared to 764.1 million euros reported in the same period of 2012. Piaggio still earned a net profit of 25 million euros (US$33.2 million ) in the first half, but that’s a 26.1% drop from last year’s 33.8 million euros.

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.

Dall’Igna Out, Albesiano In At Aprilia

Hot on the heels of yesterday’s rumored defection of Luigi Dall’lgna‘s from Aprilia to Ducati comes this morning’s press release from Piaggio. “The Piaggio Group has accepted, with immediate effect, the resignation of Luigi Dall’Igna – wishing him of course all the best for the future.” Replacing Dall’lgna is Romano Albesiano. Albesiano joined the Piaggio Group in 2005 as Aprilia Product Development Manager and currently manages Piaggio’s Motorbike Technical Center.