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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. ....
Auto cos shut ops as lack of O2 hits parts supplies Top Searches Auto cos shut ops as lack of O2 hits parts supplies FacebookTwitterLinkedinEMail CHENNAI: While automotive vehicle manufacturers opt for shutting down plants to avoid inventory pile up as major sales markets are under complete lockdown, shop floor managers are witnessing shortage of auto parts - made using cutting and welding sheet metals - as oxygen supplies, key to cutting metals, are diverted for medical purposes. In a bid to make available oxygen for medical purposes, the government has imposed restrictions on its industrial use. The iron and steel sector, which are oxygen guzzlers, have diverted their entire oxygen production to hospitals. Besides, cutting sheet metal also requires oxygen gas, before they are welded. Thus, some welded parts that are required by auto companies are in short supply. ....
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Flipkart to deploy 25,000 EVs by 2030 in green push Premium 1 min read Share Via Read Full Story Flipkart plans to have a fleet of more than 25,000 electric vehicles (EVs) by 2030 in line with its aim to transition its entire logistics fleet across cities to green energy vehicles, the company said on Wednesday. The online retailer owned by Walmart Inc. will also create charging infrastructure at its delivery hubs and offices, a senior company executive said, adding that the company has started deploying 450 EVs, both two and three-wheelers, in several cities. TRENDING STORIESSee All 2 min read 1 min read 1 min read Premium 1 min read ....