Automotive Update : Piaggio : Establish Piaggio Group Indonesia

Piaggio Group, manufacturer of two-wheeled vehicles from Pontedera (Pisa, Italy) with the parent company named Piaggio & CSPA established PT. Piaggio Indonesia.

"PT. Piaggio will take over control of logistics, service, parts, marketing and customer support facility financially. Official launch of our commercial will take place in June 2011 in the Jakarta Fair, "said Managing Director of Piaggio Indonesia Sergio Mosca in a press conference in Jakarta.

Piaggio invite partners to jointly develop the business by repeating the success story of late 2010 into 2011 this.

Piaggio Group recorded net sales value of total consolidated net sales amounted to 1,485,4 million Euro, which ranges from the equivalent of sales results in 2009 in the amount of 1,486.9 million Euro, collected from sales of 988.1 million Euro for two-wheeled vehicles and Euro 497.3 million for public transport .

Piaggio Group, in 2010, sending a total of 628.400 units of vehicles worldwide (compared to the year 2009 amounted to 607.700 units), which consists of two-wheeled vehicles (scooters and motorcycles) as many as 395,000 units and public transport as much as three and four-wheel unit 233.400 .

Piaggio Group, overall, has recorded a strong performance in the business sector, two-wheeled vehicle type, with figures as much as 59.500 that is sent to Asia amounted to 60.5% growth in 2009 has reflected the success Piaggio factory in Vietnam who became active in 2009.

In the commercial vehicle sector, "commercial vehicles", Piaggio Vehicles Private Ltd.. re-affirm its highest position on the kind of three-wheeled vehicles in India, which has been growing by 22%, managed to grab the market share of 39% and three-wheeled delivery vehicle which is the number of 210 000 units increased by 22.4% from the year 2009.

In this type of four-wheeled vehicles of 10,000 units is a number that is not far from the year 2009. In 2010, Piaggio Group has sent as many as 13.300 units of vehicles that focus on environmentally friendly four-wheeled vehicles with low emissions, and also recorded increase in the number of shipments and revenues in the sector, three-wheeled vehicles.

"In Asia Pacific Piaggio Group has been aiming to increase market share in Vietnam, along with Thailand, Malaysia and especially in Indonesia." Costantino said Sambuy, Director of Asia SEA 2 Wheeler.Pada the production side, the capacity of a factory in Vietnam will be developed for the machine.

Piaggio Group carry out production plans in India to start a vehicle engine production, increase production capacity of factories in Vietnam and build a new factory in India for two-wheeled vehicle production activities for the local market.