International Dealer News 157 Oct/Nov 2020 IDN 157 Oct/Nov 2020 | Page 24

THE BRADLEY REPORT

THE BRADLEY REPORT

Since posting its last set of quarterly results , Piaggio has entered into a € 60m euro loan underwritten to the tune of € 30m each by Cassa Depositi e Prestiti ( CDP ) and Banca Monte dei Paschi di Siena ( Banca MPS ). The company says that the new credit line will " support investments in research , development and innovation , and will further strengthen the Group ' s financial structure ". In additional Group news , Vespa
ADI Compasso d ' Oro Award , which is managed by the ADI Foundation . The Piaggio Group had been honoured with the Compasso d ’ Oro award in the ’ 90s and with an Honourable Mention with the Vespa 946 in 2016 . Aprilia MotoGP riders Aleix Espargaro , Bradley Smith and Lorenzo Savadori were on the track ahead of the second MotoGP race held at Misano in September , testing the highly anticipated RS 660 - to their universal collective approval . The new medium engine capacity sport bike will go into production in October and marks the beginning of a
Bradley Smith and Lorenzo Savadori trying to break the RS 660 at Misano .
Elettrica has been recognised with an " honourable mention " at the 26th edition of the Compasso d ’ Oro , described by Piaggio as " the world ’ s most authoritative design award ". Established in 1954 , the ADI Compasso d ' Oro Award " is the oldest and most authoritative global award in design , resulting from an idea of Gio Ponti to highlight the value and quality of Italian design . Since 1964 , the ADI ( Association for Industrial Design ) has organised the award , monitoring its impartiality and integrity . The close to three hundred projects to receive an award in more than fifty years since it was established , along with almost two thousand selected for Honourable Mention , have been collected and are kept in the Historic Collection of the
new era for Aprilia as the first model of a new generation of lightweight , high- performance medium engine capacity bikes supported by the electronics and technology of the Aprilia Racing department - it is said to have an " outstanding " weight / power ratio of 169 kg for 100 hp . The new aluminium twin spar frame uses the engine as a load bearing element and is said to maintain the Aprilia reputation for being able to build " superb chassis architecture ". The RS 660 is built around a new engine - a compact and lightweight parallel twin with dual overhead cam distribution and 4 valves per cylinder that has been derived from the front bank of the 1,100 cc V4 .
Vespa Elettrica is available in a 45 km / h version , designed strictly for urban use , and therefore homologated as a moped , and in a 70 km / h version .
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