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Piaggio Reports 2012 Sales Results

The Piaggio Group reported a 7.3% decrease in net sales and a 9.0% decrease in net profit for 2012, thanks in large part to a sharp decline in demand in Europe including an all-time low for motorcycle sales in Italy. Piaggio reported net sales of 1.406 billion euros (US$1.842 billion) in 2012, down from 1.516 billion euros in 2011. Motorcycles and scooters accounted for net sales of 993.3 million euros  (US$1.301 billion), a 3.1% decrease from 1.025 billion euros reported for 2011.

2015 Moto Guzzi V7 II Lineup to Debut at Intermot

Piaggio will present an update Moto Guzzi V7 lineup at next week’s Intermot show in Cologne. Dubbed the V7 II, the new model family will again be available in three versions, the V7 II Stone, V7 II Racer and V7 II Special. Guzzi’s signature longitudinally-mounted engine returns, but mounted 10mm lower and tilted 4° forward, addressing rider complaints about a lack of knee space.

EICMA 2013: Moto Guzzi V7 Series Updates

Not to be left out of the 2013 EICMA show announcements, Moto Guzzi has announced its changes for the three models that make up the V7 line. Known for their 1970s-inspired style, the V7s are built, according to Moto Guzzi press materials, “to three fundamental pillars: the 90° transverse V-twin, the timeless double cradle frame and the renowned cardan shaft final drive.” Well, one of these pillars gets a functional update for 2014. The engine now utilizes a wet flywheel instead of the previous dry alternator.