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Piaggio Reports First Half 2011 Results

The Piaggio Group reported slight increases in net sales and net profit over the first six months of 2011 compared to the same period in 2010. Net sales increased 1.1% to 830 million euros (US$1.19 billion) over the first six months of 2011, compared to 820 million euros (US$1.18 billion) in the first half of 2010. Piaggio reported a net profit of 33.3 million euros (US$47.9 million), a slight increase from the net profit of 33.1 million euros (US$47.6 million) reported last year.

2012 Indian Motorcycle Preview

For Indian, 2012 represents 110 years since the first motorcycle bearing the namesake rolled off whatever sufficed for production line at the Hendee Co. in 1901. To celebrate, Polaris Industries, owner of the Indian brand since April of this year, is celebrating the occasion with special badging on all 2012 models.

New Indian Thunder Stroke 111 Engine in “Spirit of Munro” Streamliner

To mark the unveiling of its new Thunder Stroke 111 engine, Indian Motorcycle revealed a custom-built streamliner motorcycle dubbed the “Spirit of Munro“, equipped with the new Indian engine. The “Spirit of Munro” is a tribute to the Munro Special, the 1920 Indian scout that set a new land-speed record in 1967 at the Bonneville Salt Flats for under-1000cc motorcycles. The Munro Special was famously depicted in the 2005 film “The World’s Fastest Indian“, starring Anthony Hopkins.