Piaggio Group

2014 Piaggio Fly 150 3V

Piaggio Group Worldwide Profits Plunged in 2013

It’s no secret that the automotive and powersports sectors have been hit especially hard during The Great Recession of the past few years, but it’s not always easy to get a full picture of just how hard they’ve been hit. Well Yahoo! Autos is reporting that Piaggio’s 2013 financials show a 57% decline in profits over the year before. That drop in profit is driven by a number of factors, but most significantly by a lack of sales and fluctuations in worldwide currency values.

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CFMOTO Fashion 250

CFMOTO To Pay $725,000 in EPA Fines

CFMOTO got the business end of the EPA regulatory stick recently when they were levied a $725,000 fine (settlement) for selling more than 12,000 scooters, motorcycles and ATVs between 2007 and 2013 without getting them properly EPA certified. In particular, they were cited for not including proper fuel evaporation capture systems, and not correctly displaying emissions information.

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The 2014 Vespa Primavera

Video: See How the New Vespa Primavera Gets Made

The big scooter story out of EICMA so far this year has been Vespa’s debut of the re-imagined Primavera. A classic name for the classic scooter brand, the Primavera brings some key styling cues from the much-anticipated Vespa 946 to a model we can all more readily afford. But how does that all come together?

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The new, responsive Vespa.com

A New, Responsive Vespa.com

On the internet, owning the domain for a household name is a powerful thing. Worldwide, there’s one undisputed synonym for “scooter” and that’s Vespa. While Piaggio Group owns several two-wheel subsidiaries and even sells a line of scooters under its own name, the Vespa brand is still the logical jumping off point for many beginning their web search into the world of scooters.

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Vespa 946 Quarantsei

Video: The Engine Tech Behind the Vespa 946

It’s hard to look deeper than the design of the Vespa 946 Quarantsei. Yet beneath that striking aesthetic and (relatively) exotic materials, the 946 features more technical innovation than Piaggio has put into a scooter in recent memory. Three things in particular make the 946 a technological leap forward: ABS, traction control, and Vespa’s new 3-valve engine.

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