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The Piaggio Group

The Piaggio Group is Europe’s largest manufacturer of two-wheeler motor vehicles and an international leader in its field The Group is also a major player worldwide in the commercial vehicles market.

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-wheeler light transport sector with its Ape, Porter and Quargo ranges of commercial vehicles.

The Group, with headquarters in Pontedera (Pisa, Italy), operates at an international level through production sites located in Pontedera, which manufactures two-wheeler vehicles under the Piaggio, Vespa and Gilera brands, vehicles for light transport for the European market and engines for scooters and motorcycles; in Noale and Scorzè (Venice), which produces Aprilia and Scarabeo brand twowheeler vehicles; in Mandello del Lario (Lecco), which manufactures Moto Guzzi vehicles and engines; in Martorelles (Barcelona, Spain), which manufactures Derbi vehicles; in Baramati (in the Indian state of Maharashtra), which manufactures three and four-wheeler light transport vehicles for the Indian market; and in Vinh Phuc (Vietnam), which manufactures Vespa scooters for the local market and the ASEAN area. The Piaggio Group is also a 45% stakeholder in a joint-venture operation in China (in Foshan, in the Guangdong province) which, therefore, is not included in the Group’s consolidated results.

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 94 world championships (with 45 for Aprilia, 21 for Derbi and 14 each for Gilera and Moto Guzzi) and 507 race wins in World Motorcycle Grand Prix and Superbike Championships.

The Group serves the market with a structure based on business segments, further divided into geographical segments of operation.

Its business segments are:

  • The Two-Wheeler segment, which includes scooters, mopeds and motorcycles (including accessories and spare parts), sold under the Piaggio, Vespa, Gilera, Aprilia, Moto Guzzi, Derbi and Scarabeo brands;
  • The Commercial Vehicles segment, which includes three and four-wheeler commercial vehicles (including accessories and spare parts) in the Ape, Porter and Quargo ranges.