Piaggio Vespa LX 125 goes on sale April 26th

Good news for Scooter Lovers! Piaggio, the Italian two-wheeler and three wheeler manufacturing company, will officially launch its stylish scooter Vespa LX 125 on 26^th April 2012 in the Indian automotive industry. The Italian auto major is to re-enter the Indian scooter market and will launch its Vespa brand which was present in Indian market a decade before. At the 11^th Indian Auto Expo, company unveiled Vespa LX 125 and vehicle got great response from scooter lovers. Mr. Matteo Colaninno, Group President, Piaggio would be present at the time of launch.

Additionally, the Firm is in final stages of setting up its manufacturing facility at Baramati in Maharashtra. Initially the Baramati Plant will produce around 150,000 units per annum at a total investment of Rs. 200 crore (Approx.). According to the requirement, company can increase its production capacity. The company is aiming for 100 per cent localization for Vespa LX 125 which will help the auto major to price it competitively. Vespa LX 125 is expected to be priced around Rs. 55, 000. Piaggio Vespa LX 125 has a heart of four stroke 125cc automatic transmission (CVT) engine that churns out 10.26 BHP of top output power at 8250 RPM and 9.6 Nm of max torque at 7250 RPM.