Used 1984 Moto Guzzi 850 Le Mans Iii on 2040-motos

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Piaggio Reports 2011 Results

The Piaggio Group reported a 9.8% increase in net income in 2011 thanks to rising demand for scooters and increased sales in Asia. According to Piaggio‘s annual fiscal report, the Italian company made a profit of 47.0 million (US$62.6 million) in 2011, compared to a net profit of 42.8 million euros in 2010. Net sales reached 1.52 billion euros (US$2.02 billion) in 2011, a year-on-year increase of 2.1% from the 1.49 billion euros reported in 2010.

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.

Designer Galluzzi Discusses the New Moto Guzzi California 1400 – Video

Moto Guzzi released a video featuring Marco Lambri, director of Piaggio Group style, and Miguel Galluzzi, vice-president of design discussing the new Moto Guzzi California 1400 and Piaggios’s planned Advanced Design Center in Pasadena, Calif. Galluzzi says the model displayed at Piaggio Group Americas’ dealer convention in Miami last week is just one variation for the California. Galluzzi says Moto Guzzi will release a full dressed touring version this autumn, with the single-seat version to follow, as well as at least one more.