And they also own Guzzi and Laverda.
Wasn't Bajaj saying they are going to tie up with Aprilia and Triumph after the KTM deal?
Piaggio to launch Vespa scooters by March 2010
Source: Economic Times
MUMBAI | PUNE: Piaggio will launch its 100-150cc scooteras by March next year, after the Italian firm restricted its India operations to light
Also
from Bike India, source here
The Italian re-returns
Kuleshwar Singh14/10/2009 12:00:00 The Italian automaker Piaggio leashes new life into Vespa The Italian co. said they plan on investing between 90-100 million euros a year the world over, over the next four years and expect to raise their turnover by 20 % by 2012.
Piaggio has established itself very well in the 3 wheeler, cargo as well as in the passenger segment in India. Owing to its exceptional standards and commitment to its customers they have a customer base of over 700,000 satisfied customers which is only set to increase by March 2010 with the launch of these scooters. So lets see if the Italian co. can create a dent in the already competitive Indian two wheeler market.




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