The Piaggio Group reported a 12% increase in consolidated net sales for the first half (H1) of 2019.
The figure results in a 29.6% increase in net profit over the same period last year.
PG cited the strong performance of the Moto Guzzi V85TT, in addition to Vespa and Piaggio scooters.
The Piaggio Group reported a 12% increase in consolidated net sales for the first half (H1) of 2019, compared to the same period last year. The conglomerate cited the Moto Guzzi V85TT as the main driving force for the uptick.
The increased net sales translate to € 817 million, up from € 729 million in H1 2018. Net profit after tax is up 29.6% at € 34.6 million, up from € 26.7 in the same period last year.
Piaggio Group (PG) owns several motorcycle brands including Aprilia, Derbi, Gilera, Moto Guzzi, Piaggio and Scarabeo. They also produce commercial vehicles. Apart from Aprilia and Moto Guzzi, the other brands produce mostly and scooters exclusively.
In any case, they shipped a total of 321,500 scooters and motorcycles in H1 2019, which a 5.7% increase from 304,000 in H1 2018.
Biggest growth was seen in the Asia Pacific region (up 20.2%), followed by a combined European and the Americas (up 6.7%) and India (up 0.5%).
PG further elaborated that the Vespa brand contributed to a 16% turnover growth. However, it was the three-wheeled Piaggio Mp3 which contributed the largest number “by more than 20%”
But there’s no hiding the success of the Moto Guzzi V85TT, which the group is using as an all-round performer against their rivals. Moto Guzzi contributed a 14% increase in revenue to the group. This is what they have to say, “…The Moto Guzzi brand… achieved a significant sales increase, generated in particular by the excellent results of the new Moto Guzzi V85TT, the all-terrain model that has enjoyed great success since it began shipping in February.”
Interestingly, PG had not published the sales performance of Moto Guzzi motorcycles prior to this. They had only stated MG sales as “encouraging” last year.
Piaggio Group telah membuka cawangan Motoplex pertama di Istanbul, Turkey, sekaligus melengkapkan pencapaian 500 cawangan di seluruh dunia.
Pembukaan cawangan tersebut turut dilihat akan memperbaiki pengedaran alat ganti bagi 3,300 pengedar rasmi!
Pembinaan Motoplex akan meningkatkan lagi geo-pemasaran dan pertambahan pengunjung lebih daripada 30 peratus.
Motoplex merupakan inovatif terbaru bagi industri dua roda yang akan membenarkan pengedar memanfaatkan peluang mendekati jenama dan produk Piaggio secara keseluruhan. Setiap cawangan Motoplex menawarkan pelbagai produk keluaran Piaggio, Vespa, Aprilia dan Moto Guzzi di bawah satu payung.
Cawangan di Istanbul – yang terletak di Alidede Sk, daerah Kadikov – menempatkan ruang pameran, lounge bar dan pusat latihan servis yang menawarkan bantuan bagi pemilik Piaggio.
Dalam tempoh beberapa bulan ini, cawangan Motoplex telah dibuka di Madrid dan Malaga (Sepanyol), Berlin (Jerman), Malta, Pattraso (Greece), Taipei (Taiwan), Da Nang (Vietnam), Ningbo, Chengdu, Hefei (China), Brooklyn, Miami, Philadelphia (Amerika Syarikat) dan Utrecht (Belanda).
Moto Guzzi Malaysia’s authorized aftersales center, GB Workshop, is having a Service Campaign in conjunction with Ramadhan and Hari Raya Puasa.
Moto Guzzi up north may also visit the Moto Guzzi Service Centre at Sheng Fatt Motor Sdn. Bhd. in Penang.
The campaign runs from 16th May to 17th July 2018.
Moto Guzzi Malaysia’s official service centre, GB Workshop, has launched a service campaign in time for the holy month of Ramadhan and Hari Raya Puasa. What better way to make sure your Moto Guzzi is in tip-top condition before you head home to celebrate Raya with your loved ones.
The campaign runs from 16th May to 17th July 2018.
The GB Workshop Service Campaign consists of such as:
Multipoint safety checks tailored for each model and according to your riding needs.
Free air filter for selected models when you service your Moto Guzzi, while stocks last.
15% promotion for selected parts and accessories.
GB Workshop is well-equipped with the latest Piaggio Advanced Diagnosis System (PADS), as well as the special tools necessary for working on Moto Guzzis. The personnel are also trained professionals who are experienced in working on that brand. Please bear in mind that you are travelling home for Hari Raya Puasa.
To check if the air filter besides parts and accessories are available, please visit the official GB Worskhop or Sheng Fatt Motor Sdn. Bhd. (refer to the maps below). You may also contact the workshop at 03-7932 1229 or 018-962 1229 for more details or to book an appointment.
Biggest earners were BMW, KTM, Piaggio and Triumph (in alphabetical order).
Is this a resurgence of European motorcycles over the once unassailable Japanese?
It’s that time of the year when the European motorcycle manufacturers release their 2017 worldwide sales figures.
While BMW Group and BMW Motorrad had revealed their 2017 sales figures last month, here’s a collection of how all the European motorcycle manufacturers performed in the same year.
With fresh models in almost every segment from co-operating with Indian manufacturers and wide distribution networks, besides competitive pricing, it looks very much like a resurgence of the once dominant European motorcycles, over the might of the Japanese.
Here they are, listed according to alphabetical order.
BMW Motorrad
As we’ve reported earlier, BMW Motorrad reported a 13.2% increase (numbering 164,153 units) being sold in 2017, their seventh consecutive record-breaking year.
To recap, 2017 marked the first time that the GS (R 1200 GS, F 800 GS) adventure lineup had sold more than 50,000 units in a single year. The R nineT segment also saw a 9.6% increase with the introduction of three new models: Pure, Urban G/S and Racer. Besides that, 11,595 units of the new G 310 R and G 310 GS models were delivered. Even the sales of the six-cylinder models were positive, driven by the new K 1600 B (Bagger) especially in the US market. 6,719 units were sold, marking a 50% increase in sales.
Please click on the link below for more information.
While the increase is small, it was still a positive result for the Audi/VW-owned Italian manufacturer.
Ducati has stated that every model was important to them, but it was the Multistrada 950 which proved to be the most popular. The Scrambler lineup continued to performed well, contributing to approximately 25% of total sales, augmented by the Desert Sled and Café Racer.
The two markets that saw strong growth was Spain at 28.3% (due to Jorge Lorenzo joining the MotoGP team?) and China at 31%.
Ducati is looking forward to the Panigale V4, Multistrada 1260, Scrambler 1100, the renewed 821 Monster and 959 Panigale to drive sales in 2018.
KTM Industries AG
Leading the charge is Austrian KTM Industries AG who reported a 17% increase in sales with 238,334 units in 2017. It’s KTM’s seventh year of record sales, in addition of being an all-time high in revenues and profit.
From the sales, KTM’s 2017 revenues increased 14% at EUR 1.533 billion. Net profit before taxes increased to EUR 117.0 million against EUR 108.9 million in 2016.
With the number of KTM and Husqvarna motorcycles sold in 2017, KTM says that it will “further strengthen our Number 1 position as the biggest motorcycle producer in Europe.”
Sales was further bolstered by the smaller capacity models built in India by KTM’s partner Bajaj Auto (namely the 250 and 390 Dukes and RCs), who sold 35,000 units in India along, besides exporting CKD kits to other countries including Malaysia.
Being aware that continual growth is imperative, KTM invested EUR 92 million in product development in 2017. Most of that investment incudes tools, machinery, plant and infrastructure focused on the new high-performance drivetrain production at Pankl and expansion of KTM’s R&D department at Mattighofen.
The entire investment program of EUR 179.6 million was financed by KTM Industries Group’s own cash flow. This strategy also saw suspension supplier, WP Group, fully integrated into KTM AG.
The continuing growth also saw an increase of 818 employees worldwide, bringing the total to 4,568 including in Austria.
KTM expects further growth of their core model segments in 2018, as they are also optimistic about the KTM 790 Duke and Huqvarna Vitpilen and Svartpilen. The Austrian manufacturer has targeted to sell 360,000 motorcycles annually by 2021 (up from the 2017 forecast of 300,000) and 400,000 for 2022.
The increased volume is envisaged as the result of KTM’s joint venture agreement with CFMoto in China to increase KTM’s presence in the Chinese market. KTM owns 49% of the venture known as CFMoto-KTMR2R.
Piaggio Group (Q3 2017)
The Italian manufacturer has not published its annual 2017 sales figures, but did see a 12.4% increase in the third quarter, representing 266,400 motorcycles. That translates to a net sales of € 771.8 million.
Piaggio Group owns a number of motorcycle brands, including Piaggio itself, Aprilia, Derbi, Gilera, Moto Guzzi, Scarabeo and Vespa.
However, Piaggio Group did not publish the sales figures for the individual brands. Moto Guzzi did say they were happy with the “positive sales trend of the V7.”
Triumph Motorcycles
We’ve also reported on Triumph Motorcycles’ growth, by a hefty 22%, no less! 2017 was Triumph’s best in 30 years. The increase equates to £90.9 million for a total of £498.5 million. Net profit before tax increased to £24.79 million.
A total of 63,404 units were sold, 86.1% of those outside of the UK.
Triumph has performed strongly considering the challenges of the current economic condition and currency fluctuations, besides uncertainties arising from Brexit. Triumph continues to focus on R&D, spending £29.2 million in 2017 compared to £26.9 million in the previous year.
As a result of that R&D, as mentioned by Chief Commercial Officer, Paul Stroud during our interview, Triumph has introduced 19 new models in the space of 2 years. Triumph launched 5 new bikes in 2017: Street Triple 765, Bonneville Bobber Black, Bonneville Speedmaster, Tiger 800 and Tiger 1200. The latter four bikes will be launched in Malaysia this weekend (3rd March 2018). Triumph has also revised the Speed Triple 1050.
Another exciting prospect is Triumph’s deal as the exclusive Moto2 engine supplier beginning 2019, which will bring even more recognition to the brand.
Please click on the link below for our earlier report on Triumph Motorcycles’ performance in 2017.
I-Moto.my bersama dengan GB Workshop telah mengadakan sebuah bengkel mengenai penyelenggaraan motosikal yang betul dinamakan I-Workshop.
Diadakan di The Gasket Alley, seminar santai ini disasarkan untuk pemilik Vespa, Scomadi, Benelli, dan Aprilia memberi tunjuk ajar bagaimana untuk menyelenggara motosikal mereka dengan sewajarnya dan apa yang perlu diberi perhatian sewaktu penyelenggaraan.
Bengkel itu dengan jayanya telah berkongsi maklumat berguna serta pengalaman kendiri buat pemilik motosikal bagi memastikan yang motosikal kesayangan mereka sentiasa dalam keadaan sedia untuk ditunggang.
I-Moto.my together with GB Workshop conducted a workshop on proper bike maintenance dubbed the I-Workshop.
Held at The Gasket Alley, the laid-back seminar targeted for Vespa, Scomadi, Benelli and Aprilia owners on how to properly maintain their bikes and what to look out for when it comes to servicing.
The workshop was successful in providing valuable knowledge and firsthand experience to the bike owners to ensure that their beloved bikes are always ready to ride.
Our dear friends from I-Moto.my conducted a very successful program earlier today dubbed the I-Workshop for a bunch of Vespa, Scomadi, Benelli and Aprilia bike owners and enthusiasts. With the goal of educating these bike owners regarding the importance of bike maintenance, the casual workshop / seminar was held at The Gasket Alley, Petaling Jaya with the help from the great folks over at GB Workshop. (more…)
Didi Resources (Moto Guzzi Malaysia) telah melancarkan Moto Guzzi Flagship Centre yang terletak di Gasket Alley, Petaling Jaya.
3S Centre yang baru ini akan menempatkan bilik pameran pengeluar berkenaan serta memberikan perkhidmatan selepas jualan terbaik buat para pemilik motosikal Moto Guzzi.
Moto Guzzi V7 III Anniversario 2017 yang terbaru turut dilancarkan bersempena dengan pengenalan 3S Centre yang baru ini.
Didi Resources (Moto Guzzi Malaysia) has finally launched the Moto Guzzi Flagship Centre which is located at the Gasket Alley, Petaling Jaya.
The new 3S Centre will house the manufacturer’s showroom as well as provide the best after sales services to all Moto Guzzi owners.
The latest 2017 Moto Guzzi V7 III Anniversario was also launched in conjunction with the introduction of the new 3S Centre.
Moto Guzzi Malaysia has finally launched their latest Moto Guzzi Flagship Centre earlier today. The newly launched Moto Guzzi hub here in the country is located at the Gasket Alley, Petaling Jaya. (more…)
Naza Premira Sdn. Bhd. telah melancarkan dua skuter baru yang mengujakan iaitu Vespa S125 I-GET 2017 dan Piaggio Medley S 150 ABS.
Skuter-skuter baru ini dilancarkan awal hari ini bersempena dengan pelancaran rasmi acara NAZA Merdeka Autofair 2017 yang terletak di NAZA Automall, Petaling Jaya.
Vespa S125 I-GET 2017 yang baru ini dinilai pada RM11,600 manakala skuter Piaggio Medley S 150 ABS pula pada harga RM17,000 (haraga asas tidak termasuk GST).
Naza Premira Sdn Bhd has launched two new exciting scooter offerings in the form of the 2017 Vespa S125 I-GET and Piaggio Medley S 150 ABS.
The new scooters were launched earlier today in conjunction of the official launch of the NAZA Merdeka Autofair 2017 located at the NAZA Automall, Petaling Jaya.
The new Vespa S125 I-GET is priced at RM11,600 while the Piaggio Medley S 150 ABS is at RM17,000 (basic prices without GST).
Naza Premira Sdn Bhd, the official distributor of Vespa and Piaggio scooters in Malaysia has just launched their latest Vespa S125 I-GET and Piaggio Medley S 150 ABS for 2017. The new scooters were just launched at the new Vespa Lifestyle Centre during the Naza Merdeka Autofair 2017 held at the Naza Automall, Petaling Jaya. (more…)
