http://vespaindia.com/
Thursday, May 17, 2012
Wednesday, January 26, 2011
Vespa LX 125 to be launched in India - Dancewiththeshadows.com
Vespa 125cc LX 124 scooter will be Piaggio’s re-entry vehicle into India
Tuesday, January 25, 2011
Vespa gears up for a third trip to India - The Times of India
The Italian company is looking to make inroads into the fast-growing scooter market that is currently dominated by Honda and TVS. And Piaggio has big plans for the market.
After launching the 125cc Vespa LX125 next year, Piaggio plans to bring in a fuller range that would include more scooters from the Vespa range apart from motorcycles from its other brands.
Piaggio, which has seven brands of scooters, motorcycles and small commercial vehicles, started its fresh two-wheeler campaign on Thursday with the launch of its premium Aprilia range of superbikes that would come in as imports and carry hefty price tags ranging between Rs 13 lakh and Rs 18 lakh. "Aprilia will give Piaggio the visibility and branding in the two-wheeler market and help us showcase our technological advancement," Ravi Chopra, CMD of Piaggio Vehicles India, told TOI.
"Aprilia will be a niche product and we plan to sell the bikes through dealerships in cities like Delhi, Mumbai, Pune, Hyderabad, Bangalore and Chennai," he added. Aprilia, a brand bought by Piaggio in 2004, was earlier slated to come to India in partnership with the Munjals of the Hero Group.
The company's Baramati plant will have an initial capacity of 150,000 units per annum at an investment of e30 million. Chopra said the capacity can be increased if required. "We are gearing up for Vespa's launch and plan to have around 70 dealerships by the end of this year. We plan to pitch it as a value-for-money offering into the market."
Chopra said the company was looking at 100% localization for Vespa. "This will enable us to be competitive," Chopra said. The company has already tied up component suppliers for this, and he said plans were on schedule. "The Vespa would come in around the first quarter of next year," he added.
The automatic transmission LX 125 carries the famed Vespa design and sports a single-cylinder four-stroke engine. The success of Vespa has resulted in the formation of the Vespa World Club in 2006, which brings together 35 international Vespa clubs and 685 Italian Vespa clubs to form a platform for the Vespa cult. Produced at Piaggio's plants in Pontedera, Italy; Vinh Phuc, Vietnam and soon at Baramati, over 17 million Vespas have been sold till 2010.
And while it makes a fresh pitch in India, the Vespa brand enjoys a long history here. Piaggio had first licensed the production of Vespa scooters to Bajaj Auto in 1960s. In 1971, however, Piaggio's licence was not renewed by the then government. The company also partnered LML Motors in 1983, which produced the P-Series scooters. But, the partnership ended in 1999 after long disputes between the partners.
Read more: Vespa gears up for a third trip to India - The Times of India http://timesofindia.indiatimes.com/business/india-business/Vespa-gears-up-for-a-third-trip-to-India/articleshow/7330328.cms#ixzz1C1PIIqQP
Monday, January 24, 2011
Piaggio to Launch Vespa LX125 in 2012 in India - Bikeadvice.in
According to Times of India news Piaggio, the Italian two wheelers and three wheelers manufacturing company is to enter Indian scooter market. Piaggio will launch its Vespa brand which was there in India before a decade. The company is in final stages of setting up its scooter plant at Baramati in Maharashtra. The company’s Baramati plant will have an initial capacity of 150,000 units per annum at an investment of approximately Rs. 200 crore (30 million Euro). The company can increased the capacity if required.
According to Ravi Chopra, CMD of Piaggio Vehicles India, “We are gearing up for Vespa’s launch and plan to have around 70 dealerships by the end of this year. We plan to pitch it as a value-for-money offering into the market.
The company is looking for 100% localization for Vespa LX 125. This will enable us to be competitive. The company has already tied up component suppliers plans are on schedule. The Vespa LX 125 would come in around the first quarter of next year.” It means that in the first quarter of 2012 Piaggio will launch Vespa LX 125.
This is the third time Vespa brand is going to launch in Indian market. The first Vespa scooters were launched in 1960 by Bajaj Auto in India. Bajaj Auto had acquired license from Piaggio which was last till 1971. After that Piaggio reentered in India in 1983 partnering with LML Motors in 1983 which was last till 1999.
Piaggio Vespa LX125 has four stroke 125 cc automatic transmission (CVT) engine which produces 10.7 bhp and 9.6Nm that too with retro type Vespa look. Brand Vespa is known worldwide. It has 35 international and 685 Italian clubs under the Vespa World Club. Till the date over 17 million Vespas have been sold.
Piaggio, which has seven brands of scooters, motorcycles and small commercial vehicles. It also owns Aprilia brand which it bought in the year 2004. After launching the 125cc Vespa LX125 next year, Piaggio plans to bring in a fuller range that would include more scooters from the Vespa range apart from motorcycles from its other brands.
The company’s has started its first two wheeler campaign with the launch of its premium Aprilia superbikes through CBU route will range between 13 lakhs to 18 lakhs rupees. On the launch Mr. Chopra said that Aprilia will give Piaggio the visibility and branding in the two-wheeler market and help them to showcase their technological advancement. Aprilia will be a niche product and they plan to sell the bikes through dealerships in cities like Delhi, Mumbai, Pune, Hyderabad, Bangalore and Chennai. Earlier the company was planning to launch its two wheelers in partnership with the Munjals of Hero group.
India world’s second biggest market of two wheelers is catching fancy of every two wheeler manufacturer in the world. Nearly 11 million two wheelers sold during the year 2010. According to an estimate market size for two wheelers will double within five years from now. Past 6 months have seen tremendous growth in scooter segment which is more than motorcycle segment. The scooter segment is largely dominated by Honda, Hero Honda and TVS. With the entry of Piaggio consumers will surely have better, reliable and value for money scooters.
This is an article from from: BikeAdvice.in - The Indian Bike Blog
Monday, February 8, 2010
Barbie Pink Vespa Doll - Mattel - Toys "R" Us
Barbie zips around town on her sporty and stylish Vespa scooter in the perfect shade of pink. Doll is posable and wears fashionable city sportswear and accessories.
Some more Toys here
Friday, December 25, 2009
Scooters for girls - Harriet Ridley
Scooters for girls
Friday, September 25, 2009
Mumbai Holiday on a Vespa - Reuters Blogs
Think Vespa, and images of Audrey Hepburn and rides down cobble-stoned streets immediately come to mind. How about families of four riding precariously on the choked streets of Mumbai or Delhi?
Piaggio, the Italian vehicle maker that has made the Vespa since just after World War II, has made a big success of its three-wheeler auto rickshaws and commercial vehicles in India, and intends to relaunch the iconic brand here soon.
Why now, when vehicle sales are sluggish, at best? Why now, when the two-wheeler market has moved pretty much decisively to motorbikes? Why now, when a certain low-cost car is close to actually rolling into homes of a lucky 100,000?
But not so long ago, which middle-class Indian family didn’t aspire for — and wait months for — a Bajaj Chetak?
Now, despite gravity-defying motorbikes endorsed by the likes of Hrithik Roshan and Mahendra Singh Dhoni, scooter sales are slowly but surely ticking up.
Sure, many of these are the gentle, gearless variety so popular with the ladies. And yes, they cannot hope to match the numbers of their more macho cousins.
But scooters are also enjoying a bit of a comeback in the west, particularly among college goers, celebs and eco-warriors, because of high fuel prices and the downturn, and a nostalgia that has revived such icons as Volkswagen’s Beetle or Fiat’s Cinquecento.
In India too, scooter sales are ticking up as Honda, Bajaj and TVS explore new, stylish and more fuel-efficient options.
Vespa — Italian for wasp, and named some say because of the high-pitched noise of its two-stroke engine or because of its shape — is no stranger to the Indian market: it was made by Piaggio and then LML in past years.
Now, Piaggio’s wholly owned subsidiary will undertake the task of wooing the Indian masses with the Italian classic.
All we need perhaps, is a scene, a la Roman Holiday or La Dolce Vita, in one of our Bollywood flicks, featuring the new Vespa, to kickstart a new generation of Vespa-lovers in India.
Who would be our own Hepburn and Peck?
Source - Reuters
Sunday, July 5, 2009
Piaggio to make a come-back with its Iconic Scooters
Scooters, which almost disappeared into the dark alleys of nostalgia, are making a grand comeback. Piaggio Group, which has recently inaugurated its first manufacturing facility in Vietnam, where it will produce 125cc and 150cc Vespa LX scooters, has said that it will also be rolling out scooters in India in due course of time.
Italian auto company Piaggio, manufacturer of the iconic Vespa scooter, is to start production in India as part of plans to expand its operations. Piaggio has roughly 40% of the Indian market share for three wheelers, whereas it lags behind giant Tata Motors (TTM) with a 6% share in four-wheel light commercial vehicles market.
Piaggio Group now operates manufacturing facilities in Italy, Spain, India, China and Vietnam. In India, after calling off its joint venture with the Kanpur-based LML, Piaggio has restricted its operations in the country to light commercial vehicles. However, the Italian group is said to be considering re-launching Vespa scooters in India by 2011-12. The group said it planned to increase its turnover by 20 per cent by 2012.
Piaggio Vehicles Private Ltd. (PVPL)- is headquartered at Pune and has a state-of-the-art manufacturing facility at Baramati, Maharashtra, where three-wheelers are currently being made. Though the company has not announced it officially, industry sources reckon that its proposed scooters would be manufactured in the premises of its existing plant.
Piaggio has already established its numero-uno position in India's 3 wheeler market in cargo as well as passenger segments. Right from the time of its launch in 1999, Piaggio has consistently delivered exceptional standards and commitment to its customers across India. The service orientation of the company has resulted in Piaggio garnering a customer base of over 700,000 satisfied customers across India.
Source - http://www.vicky.in/straightfrmtheheart/piaggio-targets-indian-scooter-market/