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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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The Piaggio / Vespa Rumor Roundup

After many years of model stability, Vespa is shaking things up in their lineup. With the 946 now in showrooms, the question is, what next? Our sources say there’s a lot of interesting things in the works.

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This Week in Scooters: Feb 2-8, 2014

With snow falling on us here in Chicago as I type this, it’s felt like a very indoor week here at ScooterFile. Yet for all the cold weather blah, this week saw some of the most fun content we’ve ever shared.

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