Daily Post Nigeria
Published
This new partnership in Nigeria has increased Piaggio’s presence to more than 60 countries globally
Piaggio Vehicles Pvt Ltd (PVPL), a 100 % subsidiary of the Italian Piaggio Group and India’s leading manufacturer of small commercial vehicles is proud to announce its distribution partnership with Bhojsons Group of Nigeria. Bhojsons Group is a renowned conglomerate Headquartered in Lagos with diversified business interests in varied sectors spanning Automobiles, Fast-moving consumer goods, Consumer Durable goods, Power solutions, Packaging solutions, Polymers, Agricultural machinery, Domestic machinery and infrastructural needs for the telecom industry.
Through this partnership, Piaggio, the pioneer of 3 wheelers, aims to introduce a diverse product portfolio that includes passenger and cargo 3 wheelers under its flagship brand Ape’.
0 Comments
A slowdown – or a lockdown as in current times – is sometimes when companies get cracking with expansion. Piaggio Vehicles, which manufactures two- and three-wheelers in India, has announced that it has added 100 dealerships across India in 100 days.
Dealerships will sells products from brands like Vespa, Aprilia and Ape
Some are said to have new electric experience centres
Total dealership count now crosses 725
With this, Piaggio Vehicles now has a dealer network of more than 725 dealerships and 1,100 touch-points across all states and Union territories in India. Furthermore, the company, which has diversified into electric three-wheelers, has opened new ‘electric experience’ centres.
Piaggio Vehicles on Tuesday said it has added 100 dealerships in both its commercial and passenger vehicle businesses across India in 100 days despite challenging times. The company also said its two-wheeler business grew over 90 per cent in the first quarter of 2021 and has seen growth in market share in the commercial vehicle and two wheeler spaces, helped by an expanded network.
Piaggio Vehicles is Italian auto major Piaggio s wholly-owned domestic subsidiary. Besides having the largest network in the three-wheelers space, Piaggio has a strong presence in the two-wheeler segment as well. The addition of 100 dealerships takes the dealer network to over 725 dealerships and 1,100 touch points across the country, Piaggio Vehicles (PVPL) said in a release.
Piaggio Vehicles adds 100 dealerships pan-India in commercial, PV biz in 100 days
SECTIONS
Last Updated: May 11, 2021, 04:12 PM IST
Share
Synopsis
The addition of 100 dealerships takes the dealer network to over 725 dealerships and 1,100 touch points across the country, Piaggio Vehicles (PVPL) said in a release.
Agencies
Piaggio Vehicles is Italian auto major Piaggio s wholly-owned domestic subsidiary.( Image Credit: Company)
Piaggio Vehicles on Tuesday said it has added 100 dealerships in both its commercial and passenger vehicle businesses across India in 100 days despite challenging times. The company also said its two-wheeler business grew over 90 per cent in the first quarter of 2021 and has seen growth in market share in the commercial vehicle and two wheeler spaces, helped by an expanded network.
Two-wheeler demand likely to bounce back next quarter, says Piaggio MD
SECTIONS
Share
Synopsis
“If markets progressively open from June, we expect demand will pick up and we will be able to realise the set annual volumes,” Diego Graffi, managing director at Piaggio Vehicles, told ET. The company, which recorded good traction for its two-wheelers in the quarter ended March, is targeting sales of 100,000 units in the local market in 2021.
Agencies
The company, which recorded good traction for its two-wheelers in the quarter ended March, is targeting sales of 100,000 units in the local market in 2021.
Piaggio Vehicles, maker of Aprilia and Vespa scooters, expects demand for two-wheelers to recover after the current quarter once localised lockdowns imposed by state governments to check the spread of Covid-19 are eased.