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Piaggio Gets Euro 45mn Loan, Set to Re-Enter India

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  • Piaggio Gets Euro 45mn Loan, Set to Re-Enter India

    NOT BEEN THERE NOT DONE THAT

  • #2
    News Approved.
    :)

    Comment


    • #3
      my gf works in piaggio. she told me yesterday that the scooters will be well priced.

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      • #4
        time it will be positioned as a premium priced scooter
        When I read ^^^ I was happy thinking they're going to introduce some exciting 200cc's.

        It was short lived after reading below
        will initially introduce the Vespa LX 125 scooter starting early 2012
        Skill is what keeps you on a Motorcycle
        Awareness + Skill is what keeps you out of harm's way
        ATGATT + Awareness + Skill means you might Live To Ride another day

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        • #5
          The news title is incomplete.
          It should be
          Piaggio Gets Euro 45mn Loan, Set to Re-Enter India to blow up the amount and be bankrupt and debt-ridden again
          We all know what happens to the brands that pack up and leave the country.
          They lose all respect and faith of the people.
          Nobody even wants to give them a shot.
          The people feel that the brands can pack up and leave anytime.
          A living example of this is LML.
          It packed up and left.
          Now its back with its scooters, but nobody bothers.
          Another proof(but on 4 wheels) is Premier or PAL as we know it.
          The Rio is a decent product but, well, nobody wants to even consider it.

          So piaggio, stay away.

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          • #6
            Originally posted by MT01 View Post
            We all know what happens to the brands that pack up and leave the country.

            They lose all respect and faith of the people.

            Nobody even wants to give them a shot.
            The people feel that the brands can pack up and leave anytime.
            A living example of this is LML.
            It packed up and left.

            Now its back with its scooters, but nobody bothers.
            Another proof(but on 4 wheels) is Premier or PAL as we know it.

            The Rio is a decent product but, well, nobody wants to even consider it.

            So piaggio, stay away.

            The 'Rio' is a Chinese product, assembled by Premier. Also expecting it to sell well without any 'visible' Sales and Service network, would be highly optimistic.

            Creating an extensive sales and service network would be the real challenge for Piaggio.



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            • #7
              Cant Chinese products be decent?

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              • #8
                Originally posted by MT01 View Post
                Cant Chinese products be decent?

                Almost all electronic products these days are assembled in China..
                but while investing 5-6 lakhs on automobile (The 'Rio'), one has to think from all possible angles.. including the pedigree.


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                • #9
                  Originally posted by MT01 View Post
                  A living example of this is LML.
                  It packed up and left.
                  Now its back with its scooters, but nobody bothers.
                  Another proof(but on 4 wheels) is Premier or PAL as we know it.
                  The Rio is a decent product but, well, nobody wants to even consider it.

                  So piaggio, stay away.
                  Piaggio is not LML so it would be unfair to label them thus. If LML was coming back with a product, then yes, but this is Piaggio coming back on its own.

                  The Italian brand makes beautiful scooters - I would definitely buy one if they are like anything which is sold abroad. And I am not really too stuck up on the 'cc's' of the scooter, which is a highly over-rated element in India anyway.

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                  • #10
                    It'd be nice to see their Vespa's on Indian roads.. Finally there would be options in scooters! I'd love to roam around on a scooter, just to chill, paint it in nice colours and wear large flowered shirts with large sunglasses!! RETRO STYLE BABY!!!

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                    • #11
                      Although I am not a scooter guy, I would love to own a cute little Vespa.



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                      • #12
                        I too wouldnt mind buying a little cute Piaggio if some like Italian models are launched
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