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Piaggio to produce a mini electric truck with China’s Foton Motor
Roberto Colaninno and the Deputy General Manager of the Chinese Group signed the agreement in Pontedera. Technical documentation for the project and related contracts are expected to be submitted by spring 2023. Comau also recently worked for the same Chinese Group
December01,2022
Piaggio to bet on Asia: a new factory in Indonesia to open in October
Together with Vietnam and China, the Asian country has guaranteed the Pontedera-based Group, famous for its Vespa and three-wheeled vehicles, an increase in turnover of 18.5% to 455 million euros, an all-time record.
May02,2022
Piaggio scooter sales take off in China and India
Roberto Colaninno, Chairman and CEO of the Pontedera-based Group, illustrated the 2021 results which went beyond management's expectations, marking a 27% increase in turnover on 2020 and almost 10% on 2019, with all the main indicators growing at double-digit rates.
March04,2022
Piaggio does not fear Coronavirus and focuses on Asia's premium market
Covid-19 is not having any particular impact on plants in Italy, India and Vietnam. 2019 closed with a net profit growing to € 46.7 million (+29.6%) and consolidated revenues of 1.5 billion (+9.5%).
February27,2020
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