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• Piaggio Recalls Fly 50, Vespa LX50 and S50 Scooters Piaggio is issuing a recall on its Fly 50 scooter and Vespa’s LX50 and S50 models due to a potential failure in the ignition control unit. The three scooters use the same four-valve four-stroke engine and may be subject to the same problem. According to documents filed with the National Highway Traffic Safety Administration, the [...] more
• Piaggio Announces 2011-2014 Business Plan More Hybrids and Electric Models In the Pipeline The Piaggio Group revealed its business plans for the next three years with a focus on developing fuel efficient engines and introducing new electric motors and hybrid powertrains. Beginning in 2012, Piaggio plans to introduce a new generation of engines with lower emissions and improved fuel economy. Examples include the new 350cc engine introduced in [...] more
• Chinese Piaggio MP3 Knockoff Seized From EICMA Floor for Copyright Infringement Here’s an EICMA highlight for you, readers. Italian police officers seized a Chinese-made scooter from the showroom floor for copyright infringement. Authorities seized the three-wheeled Yiben YB 250 ZKT under grounds of copyright infringement and falsification because it too closely resembled a Piaggio MP3. Though the seized Yiben YB 250 ZKT pictured above is partially [...] more
• 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 [...] more
• EICMA 2011 Preview: Piaggio Beverly SportTouring With New 350cc Engine, ABS and Traction Control Piaggio announced it will introduce a new scooter to its Beverly line featuring an all-new 350cc engine as well as ABS and traction control. Better known in the U.S. as the BV, the Beverly line is one of Piaggio’s best-selling scooter families with over 310,000 units sold since 2001. Here in the U.S., Piaggio is [...] more
• US Motorcycle Sales First Half 2011 Results The U.S. motorcycle industry saw a 4.6% decrease in year-on-year sales over the first six months of 2011, thanks mostly to a 17.3% drop in ATV sales. Motorcycle and scooter sales however saw a 1.7% bump in the first half . Unfortunately, most of that gain in two-wheeled vehicle sales was due to a strong [...] more
• 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 [...] more
• 2012 Piaggio MP3 Touring Unveiled Piaggio has revealed a new touring version of its three-wheeled MP3 scooter. The 2012 Piaggio MP3 Touring will be produced with four engine options, 125cc, 300cc, 400cc and 500cc. The 500cc version will be available in Sport or Business trims. Piaggio will also produce an LT version with a wider distance between the two front [...] more
• Henry Kissinger, Chinese Police and the Aprilia Mana 850 Okay, the headline sounds like the setup to a bad joke, but it pretty much describes the scene in the picture above released by the Piaggio Group. Former U.S. Secretary of State Henry Kissinger is in China this month to mark the 40th anniversary of his secret diplomatic visit in 1971 which paved the way [...] more
• Piaggio Forms Indonesian Subsidiary The Piaggio Group has formed a new subsidiary for Indonesia to directly import its scooters and motorcycles to the world’s third largest two-wheeler market. With the new Piaggio Indonesia subsidiary, Piaggio hopes to establish a larger share of the country’s market which bought an estimated 7.4 million scooters and motorcycles in 2010, trailing only China [...] more