Piaggio announced today that they’ll be incorporating the operations of wholly-owned subsidary Moto Guzzi into Piaggio’s infrastructure by the end of November, moving Guzzi production to Piaggio or Aprilia facilities, and “rationalising the technical, industrial, design and style operations of the two companies.”
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Piaggio is closing the ancestral home of Guzzi at Mandello Del Lario? Ouch. That hurts. I guess that’s better than no Guzzi at all…
Turns out, no, Mandello Del Lario will not close. That was part of the agreement.