UPDATE 1-Piaggio sees higher H1 sales, unveils hybrid model

Newswire

(Previous MILAN, adds details, background, share price) PONTEDERA, Italy, July 25 (Reuters) - Italian scooter maker Piaggio , which presented a new hybrid scooter on Wednesday, said its sales rose 7.2 percent in the first half of the year to 968 million euros. Piaggio, maker of the iconic Vespa two-wheeler, also said its net debt fell to 280 million euros on June 30 from 318 million on Dec. 31, 2006. Piaggio made the statement to confirm comments made by its chairman, Roberto ...

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