International Dealer News IDN 145 October/November 2018 | Page 20

Sources : AMD , IDN , FT , Reuters , PSB , MPN , B & B , BDN , MCN , AP , Bloomberg , MNW news ROOM

NEWS

BRIEFS

Parts Europe is now distributing the Milan based Italian OJ luggage and accessory brand . Founded in 2001 , OJ started with leg covers and other weather protection products for scooter riders ; the range now includes bike covers , tank bags and saddlebags for most popular makes and models of scooters .
Ferodo has a new range of Goetze cylinder and piston kits for 125 and 150 cc applications for Honda , Yamaha , Piaggio and other models .
Some 100 plus custom bikes from more than 65 ‘ builders ’ from over 30 countries are slated to have taken part at the AMD World Championship of Custom Bike Building at INTERMOT Customized in Hall 10 , Koelnmesse , October 3 - 7 . The average value of the custom bikes on show is said to be more than 100,000 euro , with some valued at between 250,000 and 500,000 euro , most of them making their global public debut at INTERMOT .
Updates in noted South African neck brace manufacturer Leatt ’ s 2019 product line-up include a comprehensive ‘ Junior Collection ’ and updated carbon and composite helmet designs that have a redesigned mouthpiece and visor and incorporate their 360 degree ‘ Turbine Technology ’ - a concept that is said to reduce the rotational acceleration to the head and brain during impact by up to 40 percent .

Piaggio PTW sales + 0.09 % for first six months of 2018

In the first half of 2018 the Piaggio Group reported an improvement in all its main earnings indicators and a reduction in debt . The group sold 304,000 vehicles of all the kinds it makes worldwide in total , an increase of + 8.3 %, and reported consolidated net sales of 729.6 million euro . Sales volumes increased in India and in the Asia Pacific region , while volumes in the EMEA and Americas regions were affected by the fall in demand for 50cc vehicles . In terms of two-wheelers , the group sold 203,900 PTWs worldwide ( 202,100 in H1 2017 ), generating net sales of 520.5 million euro ( 538 million euro in the year-earlier period ). The figure includes spares and accessories , on which turnover totalled 64.3 million euro , up from the first half of 2017 . Group two-wheeler sales volumes in the first six months of 2018 increased by + 0.9 %, with a downturn in net sales ( -3.3 %) largely caused by the exchange rate effect and a different geographical sales mix . In the first half , the Piaggio Group reported a sharp increase of + 36.8 % in two-wheeler sales volumes on the Indian market , assisted in particular by sales of Vespa scooters , the Aprilia SR , and the growth of the network , with the opening of more than 60 Motoplex stores in India in the first six months of 2018 . There was also an increase of + 9.8 % in twowheeler sales volumes in Asia Pacific compared with the year-earlier period . In Europe , the Piaggio Group confirmed its leadership of the scooter segment with a share of 25.6 %. In the scooter segment , the Vespa brand boosted sales volumes by approximately + 10 % from 30 June 2017 , with a particularly positive contribution from the Indian market and the ASEAN area , and the Medley high-wheel scooter , which achieved growth of + 12 % in sales volumes . In the Group motorcycle business , important results were achieved by the Aprilia brand , with a + 17 % increase in sales . Sales of the V7 family were a significant driver in Moto Guzzi net sales . In commercial vehicles , the Piaggio Group reported strong progress with sales of 100,100 vehicles , up + 27.3 % from 78,700 in the first half of 2017 , and net sales of 209.1 million euro , up + 14.4 % from 182.8 million euro in the year-earlier period (+ 21.3 % at constant exchange rates ). The figure includes spares and accessories , where sales totalled 23.7 million euro , up 8.6 % from the first half of 2017 . Demand on the Indian market for three-wheel commercial vehicles showed strong signs of recovery , and the PVPL subsidiary had an overall three-wheeler market share of 22.8 %. In the first half of 2018 the PVPL production hub exported 14,800 commercial vehicles . Piaggio reported consolidated net sales up 729.6 million euro , up 1.2 % (+ 6.2 % at constant exchange rates ); Ebitda of 116.6 million euro , up 2.3 % (+ 3.1 % at constant exchange rates ); Ebitda margin up at 16 %; industrial gross margin of 228.3 million euro , up + 1.4 % (+ 3.3 % at constant exchange rates ) and 31.3 % return on net sales with Ebit of 61.9 million euro , up + 16.8 %, and profit before tax of 48.5 million euro , up + 33.1 %, with net profit of 26.7 million euro , up + 26.2 %. Their net financial position ( debt ) is - 431.4 million euro , an improvement of 15.3 €/ mln . The industrial gross margin was 228.3 million euro , up by + 1.4 %; the return on net sales was 31.3 % ( 31.2 % in the first half of 2017 ).