Vespa, the best featured vehicle, is always preferred to use in Hollywood movies because of its stylish look and design. And now Indian people can enjoy the ride of this stylish vehicle as the best selling scooter Vespa has finally launched in India by Piaggio, its original Italian owner.
Covering the 2.5 million scooter market globally, Vespa’s the LX 125 that launched in India is made especially on basis of the Indian market delivering fuel efficiency. Read the rest of this entry…
Comments Off
As per the news of business sector, around past 13 years the iconic Vespa re-entered the Indian market.
The range of Vespa scooters as parent Piaggio unveiled its range of scooters at the Expo, sport 125cc engines and will be available in the market from March.
However Piaggio licensed the production of Vespa scooters to Bajaj Auto Ltd from more than four decade ago.
Although the joint venture deed between both ended in 1971, the company partnered with LML Motors in 1983 as like Bajaj Auto, to make and sell scooters in India.
And this venture also exited in 1999, when LML acquired Piaggio’s stake.
Revealing its market potential and scope to grow, the chairman and MD, Piaggio Vehicles, Ravi Chopra stated in a statement, “Our foray into the Indian market Read the rest of this entry…
Comments Off
Vespa, the best featured vehicle, is always preferred to use in Hollywood movies because of its stylish look and design. And now Indian people can enjoy the ride of this stylish vehicle as the best selling scooter Vespa has finally launched in India by Piaggio, its original Italian owner.
