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Sequel to the Petition2Piaggio thread

RJVB

RJVB

GT Reference
Joined
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Since the Petition to Piaggio thread has been locked (why? And on a negative note??), here's a bit of a sequel with hopefully some good news:

from the 20090225 ACEM newsletter
Piaggio obtains € 150 million from EIB. Piaggio & C. S.p.A. signed a loan agreement with the European Investment Bank (EIB ) for € 150 million. The credit was granted on the basis of an investement plan in R&D that the Piaggio Group will develop over the 2009-2012 period. The EIB. loan will enable Piaggio Group not only to increase investment in research and development - with the goal of offering innovative, eco-friendly, safer and more fuel efficient vehicles - but also to further strengthen the financial structure of the Group, thanks to the competitive conditions of the financing.
Click to expand...

Let's hope some of that money goes to Guzzi!
 
I locked it because I thought it was a closed/done deal. can unlock if you see the need.

Good news on your post, appreciate the info here.
 
Trying to imagine what one could do with 12 M€ ... (seems a bit too much for a 2 month factory renovation).
 
In fact ... the other part of the same newsletter was on topics related to the "sales arguments" with which that loan was secured:

* evolution towards Euro 5/6
* generalisation of advanced braking systems, which don't necessarily mean ABS, but more something like linked brakes.

So... would 12M€ be enough to
• adapt a water-cooled Aprilia/Rotax Vtwin to the Guzzi frames ... with which Euro 5/6 homologation will come automatically when time comes
• re-invent the linked brakes of old

?

:silly:
 
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