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The Vespa will sport a 125-cc engine and will be a gearless model.
The Italy-based global transportation major, Piaggio & C Spa, will pump in euro 60-65 million over the next two to three years to set up a diesel engine manufacturing facility near Pune.
Talks between Piaggio Vehicles, the Indian subsidiary of Piaggio & C.s.p.a of Italy, and General Motors for engine sourcing fell through.
Union Agriculture Minister Sharad Pawar on Saturday joined the give-more-jobs-to-the-sons-of-the-soil bandwagon. Inaugurating Piaggio Vehicles India Limited's manufacturing plant in Baramati, Pawar from a public platform asked the Piaggio management to provide more jobs to the locals from Baramati. "I am very happy with Piaggio's investments in Baramati. I am happy with everything Piaggio does in India. However, there is one lacuna that needs to be filled," said Pawar.
Wellwin Industries has been approved as original equipment maker vendor for supply of starter motors for two-wheelers to Italy's Piaggio & CSPA, the Bombay Stock Exchange said on Thursday.
Italian auto major Piaggio Spa is making its wholly owned Indian subsidiary the global manufacturing hub for three-wheelers and a source of components to be used in its units located in other parts of the world.
Italian automaker Piaggio on Thursday said it will invest 30 million euro in India to set up a scooter facility in Baramati, Maharashtra, to re-introduce the iconic Vespa scooter by early 2012.
When Vespa returned to India, the excitement at the launch event in late April this year was understandable.
Three-wheeler giant Piaggio Vehicles Pvt Ltd is set to introduce a four wheeled 1.5 tonne delivery-cum-pickup van in India by the end of 2005.
Eyeing a 10 per cent stake in the overall revenues, the three-wheeler manufacturer Piaggio India has entered into used vehicle business for its vehicle Ape.
Piaggio Vehicles, Indian arm of the Italian Automobile giant, Piaggio, would set up a diesel engine manufacturing plant near Pune, its chairman Ravi Chopra informed on Thursday.
Rs 20,000 drop in price, addition of disc brakes and launch of two classy 150cc bikes are among a host of measures underway at Piaggio India to take on its rivals in the scooters market.
Most recently in the news for its cute Vespas, the Italian bike manufacturing company will introduce the cruiser brand Moto Guzzi next year.
The economic squeeze may be getting tighter in the euro zone -- and more so in Italy apart from Greece and Spain -- with every passing day. But that has in no way deterred group Chairman and CEO of Piaggio & C. S.p.A Roberto Colaninno or affected his investment plans for India.
Tata Motors, India's largest commercial vehicle manufacturer, is looking to launch a first-of-its-kind sub-600 kg small commercial vehicle, aiming to cater to the growing demand for efficient last-mile delivery solutions, an area currently witnessing a surge in interest from e-commerce giants. This new entrant is set to be positioned just below the marquee Tata Ace, which is popular across the country as "Chota Haathi".
India's three-wheeler exports, which have been on a downhill trajectory over the past few years, are showing no signs of recovery in FY25, with key markets like Sri Lanka, Bangladesh, Nigeria, and Egypt witnessing subdued demand. In May, the country's exports plummeted 11.3 per cent year-on-year (Y-o-Y).
Italian automaker Piaggio would launch four vehicles, including a four-wheeler, in India by 2004 and source auto components worth 120 million euro, a top company official said on Friday.
The cute Italian two-wheeler earns an e-scooter avatar.
India is among the top three emerging markets in the wellness economy.
It was the star of the classic film, Roman Holiday.
How well do you know the history of Italy's most iconic bike brand? Take this quiz and find out.
Piaggio is all set to take on its rivals as it starts production in Baramati, Maharashtra
This is Piaggio's second limited edition scooter offering in the Indian market and the Italian automaker plans to launch special editions of the Vespa every year.
New Creta, petrol Vitarra Brezza.. A quick look at what went down at Auto Expo Day 2.
Looking back at the legendary bike on its 67th birthday.
Piaggio Vespa Sport, Piaggio Fly 125, Honda PCX150 and Yamaha 125cc Scooter are going to make the biggest launch stories this year.
Agriculture Minister Sharad Pawar on Saturday pitched for jobs for the locals while inaugurating Piaggio's Vespa plant in Baramati, saying it was a lacuna that needed to be filled. He made the comments in the presence of Piaggio Chairman and Managing Director Roberto Colaninno, with whom he shared the dais.
Rediff.com's Rajesh Karkera and Hitesh Harisinghani bring you all the exclusive action from Greater Noida.
The Italian bike maker launches the feature-rich VX.
Yamaha is all set to fire up the scooters segment in India with the launch of Ray this Diwali at Rs 50,000 to take on Suzuki's Access and Piaggio's Vespa.
For a change, glamour goes rural as exhibitors glam up their products meant for India's villages.
Consumers will get a list of dealers in their neighbourhood once they have made a selection of vehicles.
The Vespa Esclusivo is the first limited edition model of the Vespa scooter in India. Only 1,000 units will be offered with every unit having a number badge to it, which gives it exclusivity!
The latest addition to the actor's stable, Aprilia RSV4, is matte black in colour and soon he will be starting a racing team, similar to what Mahendra Singh Dhoni has done.
One can buy 18 Honda Activas or three Maruti Altos or a Honda City for the same price.
The Aprilia SR150 is a great buy and could be a perfect bet for the Piaggio Group which needs to mark its prominence outside the superbike segment and classy Vespa scooters
Here are some beauties that will be seen on Indian roads this year and a few old ones that went under the knife, so to say...