On May 2, 2022, the Piaggio Group released its official 2022 first quarter financial report—and things are looking extremely good. Overall, consolidated net sales rose 18.5 percent, which the company says represents the single best first quarter results in the company’s history. If you’re a company, there are definitely worse ways to start a year.
The total number of Piaggio Group vehicles sold worldwide increased to 141,800, which is a five percent increase year-on-year. This increase was largely driven by a 32.8 percent rise in the Asia Pacific region, as well as a 22.6 percent rise across the Europe, Middle East, and Africa (EMEA) region combined with the Americas.
