Piaggio Bikes in India

Piaggio Bikes in India

Founded In : 1884 Headquarters: Pontedera, Italy Founders : Rinaldo Piaggio Products: Three and Four wheel light commercial vehicles, R& D in Automobiles, mopeds, scooters and motorcycles and aircrafts. Website: www.piaggiogroup.com
Piaggio & C.SpA was founded in 1884 by Rinalod Piaggio, its headquarters is in Pontedera, Italy. The Piaggio group started its business in shipbuilding, rail cars and aircraft as well. Later in 1946, it started to develop scooter that was named as Vespa brand. After two years, the company forayed in pick-up truck business. Piaggio & C.SpA commenced manufacturing four wheel and vans to showcase its technical strength.
In 1990, the company launched several scooter brands including Zip, Hexagon, Sfera and Skipper. It also introduced a new concept in scooter world, Piaggio MP3-three wheel scooter with roof and trailer. In the two wheel portfolio, the company sells Gilera, Moto Guzzi, Aprilia, Scarabeo and Derbi brands. The Italy based automaker Piaggio owns 7 different companies at present. The company is ranked the leading two-wheeler producer of Europe and fourth biggest bike maker by sales. Piaggio has its network in more than 50 countries including USA, UK, Vietnam etc.
In India, the company launched Vespa in India in collaboration with Bajaj Auto in 1960; the alliance could not go for long due to some license upgradation issue in 1971. Again, Piaggio tied-up with LML Motors and launched the Vespa under LML Vespa name in 1983; this collaboration also come to an end on account of some dispute between two partners. The production was stopped in 1983, thereafter Piaggio did not tie-up with any company and Vespa was completely brought back from India. Once again, Piaggio announced to foray in the country with the flagship Vespa scooter.