Piaggio to launch 55-56 new models this year

MILAN (Thomson Financial) – Piaggio SpA’s chairman Roberto Colaninno said the motor bike and scooter firm will launch 55-56 new models this year, including 25-26 completely new products for the group’s various brands.

Speaking at the annual shareholder meeting, he said the recently-launched three-wheel MP3 scooter is ‘a big success’, while in September, the Gilera brand will launch a scooter with an 800 cubic centimetre-sized engine, which will reach a speed of 200 kilometres per hour.

In India, he said production is expected to reach 160,000-170,000 units, up from 140,000 in 2006.

nigel.tutt@thomson.com

nt/lam

COPYRIGHT

Copyright AFX News Limited 2007. All rights reserved.

The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.

  • bitcoinBitcoin (BTC) $ 98,837.00 0.86%
  • ethereumEthereum (ETH) $ 3,417.20 3.81%
  • tetherTether (USDT) $ 1.00 0.12%
  • solanaSolana (SOL) $ 259.22 1.61%
  • bnbBNB (BNB) $ 670.87 8.09%
  • xrpXRP (XRP) $ 1.55 10.67%
  • cardanoCardano (ADA) $ 1.09 22.43%
  • usd-coinUSDC (USDC) $ 0.999722 0.03%
  • staked-etherLido Staked Ether (STETH) $ 3,415.22 3.69%
  • tronTRON (TRX) $ 0.219571 11.03%
  • avalanche-2Avalanche (AVAX) $ 43.06 13.54%
  • the-open-networkToncoin (TON) $ 6.07 10.68%