Piaggio group

Gruppo piaggio

 

The Piaggio group is the largest European manufacturer of two-wheeled motor vehicles and one of the world's leaders in its sector: the group is also a major international player in the light commercial vehicle market. Founded in 1884 by Rinaldo Piaggio, since 2003 the group has been controlled by Immsi S.p.A. and is listed on the Italian Stock Exchange (Borsa Italiana) since 2006.

 

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The Piaggio group product range includes scooters, mopeds and motorcycles from 50 to 1,200 cc marketed under the Piaggio, Vespa, Gilera, Aprilia, Moto Guzzi, Derbi and Scarabeo brands. The Group also operates in the three- and four-wheel light transport sector with its Ape, Porter and Quargo ranges of commercial vehicles (Ape Truck).

 

The Piaggio group is headquartered in Pontedera (Pisa, Italy) and has production plants around the world in:

  • Pontedera (Pisa), which produces Piaggio, Vespa and Gilera branded two-wheelers, light transport vehicles for the European market and engines for scooters and motorcycles;
  • Noale (Venice), a technical centre for the development of motorcycles and the base of Aprilia Racing;
  • Scorzè (Venice), which produces Aprilia and Scarabeo branded two-wheelers;
  • Mandello del Lario (Lecco, Italy), which produces Moto Guzzi and Derbi vehicles and engines;
  • Baramati (in the Indian state of Maharashtra), which produces three- and four-wheel light transport vehicles for the Indian market, diesel and turbodiesel engines for the Group’s commercial vehicles, and, since the beginning of 2012, the Vespa scooter for sale on the Indian market;
  • Vinh Phuc (Vietnam), which produces Vespa scooters for the local market and the ASEAN area. 

 

The Piaggio Group also operates in China with a joint venture (Zongshen Piaggio Foshan Motorcycles, based in Foshan in the province of Guangdong) in which it holds a 45% stake and which is therefore not included in the group’s consolidated results.

 

Piaggio worldwide

 

Group consolidated net sales in 2019 were 1,521.3 million euro, against 1,389.5 million euro in 2018. In 2019 the Piaggio Group sold a total of 611,300 vehicles worldwide, compared with 603,600 in 2018. During 2019, the Piaggio group sold a total of 399,600 units in the two-wheeler segment worldwide, accounting for a net turnover equal to approximately 1.055.1 million euros (compared with 393,100 units and 957.9 million euros in 2018). Motorsports play a vital role for the Group's motorcycle production operations. The Group's brand portfolio includes names that have earned pride of place in the history of international motorcycle racing, which between them have notched up 104 world championships - 54 for Aprilia, 21 for Derbi, 15 for Moto Guzzi and 14 for Gilera.

For more details

Piaggio group's site