Piaggio’s worldwide first-half sales decrease

The Piaggio Group reported fewer worldwide vehicles sales and a reduction in sales in its fiscal first half.

Worldwide, Piaggio sold 372,700 vehicles, a decrease of nearly 6 percent from the year-ago period. Figures for North America were not available although Piaggio USA earlier this year reported record-breaking sales in May and June.

Worldwide sales amounted to $1.3 billion, a 7 percent decrease from a year ago. Piaggio said that revenue figure reflected the negative impact of approximately $27.8 million due to the appreciation of the Euro against other currencies.

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