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tag:piaggio News


Title and summary Date/time
1
Piaggio to Roll Out New Vespa Scooters in 2010
Piaggio is all set to roll out its 100-150cc scooters including Vespa scooters by March 2010, after the Italian firm restricted its India operations to light commercial vehicles. 		13 Oct, 2009
2
Piaggio plans to launch scooters on Indian roads
Pontedera-based company’s Indian arm- Piaggio Vehicles Private Ltd. (PVPL) has its headquarters at Pune and has a state-of-the-art manufacturing facility at Baramati, Maharashtra, where three-wheelers are currently being made. 		6 Jul, 2009
3
Piaggio starts Vespa production in Vietnam for Asia
Roberto Colaninno: “After establishing a presence in India and China, the Piaggio Group completes its strategic investment plan in Asia”. Production of diesel and turbo diesel engines to begin by the end of the year in the new powertrain plant ... 		6 Jul, 2009
4
Piaggio Group posts net sales € 306.3 mln in Q1
In the first quarter of 2009 the Piaggio Group sold a total of 120,100 vehicles worldwide, of which 77,900 in the 2-Wheel business and 42,200 in the Commercial Vehicles business (compared with a total of 150,600 vehicles in the year-earlier period). 		1 May, 2009
5
Piaggio Group reports net profit €43.3 mln
Piaggio & C. S.p.A.: net profit € 30.0 mln, proposed dividend of € 0.06 per share 		27 Feb, 2009
6
Piaggio India launches new venture for pre-owned vehicles
The company claims that this is the first venture of its kind in the sub 1-ton market, which will contribute 10 per cent to company's sales by 2011. 		16 Feb, 2009
7
Piaggio signs 150mn euro loan agreement with EIB
Piaggio & C. S.p.A. signed a 150 million euro loan agreement with the European Investment Bank (EIB) in Rome. 		22 Dec, 2008
8
Piaggio reports net profit of €62.0 million
• Net sales € 1,289.3 MLN (€ 1,369.8 mln first nine months 2007) • Improvement in Industrial Margins • EBITDA € 179.4 MLN (€ 200.4 mln first nine months 2007) • Net Profit € 62.0 MLN (€ 66.4 mln ... 		1 Nov, 2008
9
Board authorises upstream merger of Moto Guzzi into & with Piaggio
The merger of Moto Guzzi with Piaggio will create a single global competitor on the two-wheeler market in terms of size and resources, in part by leveraging significant industrial, commercial and financial synergies. 		13 Sep, 2008
10
Piaggio H1 net profit 47.3 mln euros vs 51.5 mln
• Net sales € 900.3 mln (€ 968.6 mln in 1H ‘07) • Rise in operating margins • EBITDA € 128.2 mln (€ 145.9 mln in 1H ’07) 		1 Aug, 2008
11
Board approves plan for Moto Guzzi merger with Piaggio
The final decisions regarding the merger will be approved by the two companies’ Boards of Directors rather than by an Extraordinary Shareholders’ Meeting, as allowed by art. 2505, paragraph 2, of the Italian Civil Code and by the by-laws of ... 		1 Aug, 2008
12
Piaggio signs MoU with Zongshen in commercial vehicles business
Piaggio Commercial Vehicles: approximately 92,000 vehicles sold in the first half of 2008 (+8.9% YoY) 		30 Jul, 2008
13
Robert Colaninno releases figures on Group year-on-year performance
Piaggio & C. SpA shareholders’ meeting, Chairman and Chief Executive Officer Robert Colaninno released a series of figures on Group year-on-year performance. 		25 Jun, 2008
14
Piaggio shareholders approve buy-back plan
The shareholders of Piaggio & C. S.p.A. have approved the ordinary share buy-back and disposal plan, as proposed by the Board of Directors on 7 May 2008. 		25 Jun, 2008
15
Piaggio – First meeting of Asia-Pacific committee in Hanoi
‘Over the next two years, the Piaggio Group will multiply its technological capacity and production on the markets driving world growth.’ 		13 Jun, 2008
16
Piaggio Board of Directors to pay cash settlement for warrants
Cash value of 2004-2009 warrants and EMH financial instruments: € 63.9 mln and € 6.5 mln respectively. 		11 Jun, 2008
17
New business plan for 2008-2010 - Piaggio Group
Major focus on technological innovation and sustainable mobility. Development of operations on asian markets. Start-up vietnamese factory in 2009. Consolidated Net Sales growth to approximately € 1,950 mln in 201. 2010 EBITDA Margin 13.5%. 2010 ... 		30 May, 2008
18
Stylish & high performance new Aprilia RX & SX 125
Dedicated to today's demanding young sports riders, the Aprilia RX and SX 125 incorporate many of the features that have contributed to the amazing success of the RXV and SXV. 		15 May, 2008
19
Piaggio reports net profit of € 64.5 million for 2007
Piaggio & C. S.p.A consolidated net sales amounted to € 1,692.1 million, EBITDA was € 226.1 million and net profit was € 60 million. 		8 May, 2008
20
Piaggio BOD approves quarterly report at 31 March 2008
At a meeting today in Milan chaired by Roberto Colaninno, the Board of Directors of Piaggio & C. S.p.A. examined and approved the quarterly report at 31 March 2008. 		7 May, 2008