The History of Piaggio Motorcycle Industry
Established in 1884, the Piaggio Group is Europe’s largest scooter and motorcycle manufacturer and one of the world leaders in the industry.
Established in 1884, the Piaggio Group is Europe’s biggest bike and cruiser maker and one of the world forerunners in the business. Roberto Colaninno is Chair and Chief Executive Officer of the Piaggio Group, while Matteo Colaninno is Deputy Chair. Piaggio (PIA.MI) has been recorded on the Italian stock trade starting around 2006, and beginning around 2003 been constrained by Immsi S.p.A. (IMS.MI), a modern holding recorded on the Italian stock trade and headed by Roberto Colaninno, who is Chair.
The Immsi Group’s Chief Executive Officer and Chief Operating Officer is Michele Colaninno, who is likewise a head of the Piaggio Group with liability regarding development and new item improvement, and Chair of the auxiliary Piaggio Fast Forward.
In December 2004 Piaggio entered the cruiser business with the obtaining of the Aprilia and Moto Guzzi brands..
Today the Piaggio Group has three separate business arms:
bikes, bikes and cruisers going from 50cc to 1,100cc., with 449,700 vehicles sent in 2021. The Group brands include: Piaggio (with the Liberty, Beverly, Medley, MP3 bike models), Vespa, Aprilia (which contends in the MotoGP title with the Aprilia Racing group), Moto Guzzi, Gilera and Derbi.
light business vehicles, with the Ape and the Porter. In 2021 the Group sold roughly 86,300 light business vehicles and on 26 January 2021 sent off the Porter NP6, another scope of light business vehicles (delivered in Italy).
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the advanced mechanics division with Piaggio Fast Forward, the Group portability representing things to come research place in Boston.
Piaggio in the world
7 factories:
- 3 in Italy (Pontedera, Mandello del Lario and Scorzè)
- 1 in India, in Baramati (in the state of Maharashtra)
- 1 in Vietnam, in Vinh Phuc
- 1 in China, in partnership with the Foshan company
- 1 in America, in Boston
- It is also building a new factory in Indonesia
7 R&D centres:
- Pontedera
- Noale, home to the Aprilia Racing Team
- Piaggio Group Advanced Design Center in Pasadena, California
- Piaggio Fast Forward (PFF) in Boston
- 1 in India, in Baramati
- 1 in Vietnam, in Vinh Phuc
- 1 in China
- Present in 100 countries, through:
- more than 4,000 dealers (two-wheelers, commercial vehicles)
- more than 800 Motoplex stores
The Piaggio Group has seven plants: in Italy in Pontedera (Pisa), where its biggest creation plant is found, which produces Piaggio, Vespa and Gilera vehicles, light business vehicles for the European market and motors for bikes and cruisers; Scorzè (Venice), where Aprilia bikes are delivered.
Mandello del Lario (Lecco), which has fabricated Moto Guzzi bikes beginning around 1921, and is right now executing a significant conservation and rebuilding project (including both the processing plant and the gallery), dispatched from star draftsman Greg Lynn, with the authority opening planned for 2025; in India in Baramati (in the territory of Maharashtra); and in Vietnam in Vinh Phuc.
The Group additionally has four R&D focuses: one in Pontedera; one in Noale, home to the Aprilia Racing Team; the Piaggio Group Advanced Design Center in Pasadena, California; and Piaggio Fast Forward (PFF), in Boston. The Pontedera site likewise houses the Piaggio Museum, whose remodel has expanded the yearly normal number of guests to more than 60,000.
Over the most recent couple of years, the Piaggio Group has been executing a concentrated global development program, which has laid out it as an elite player in today field.
In June 2009 it entered the Vietnamese market, and in March 2012 it opened a creation office in Hanoi, viewed as a worldwide illustration of best-practice quality and greatness. In five years, the Hanoi production line has created in excess of 600,000 vehicles.
In April 2012, a plant was introduced in Baramati (in the territory of Maharashtra) for the creation of twowheeled vehicles, at first of the Vespa brand (for the neighborhood market) which was subsequently joined by Aprilia bikes (counting the honor winning Aprilia SR 150 and the Aprilia SR 125 and Storm 125). In Baramati,
the Piaggio Group was at that point present with a modern complex for the development of light business vehicles for the vehicle of products and individuals, as well as diesel and super diesel motors and, in 2019, likewise made its entrance into the electric business vehicle section, with the send off on the Indian market of Ape e-city, a green variant of the notorious three-wheeler.
The Piaggio Group likewise works through a joint endeavor organization in China claimed 45% by Piaggio. An improvement plan is made arrangements for the area, as reported by Chairman Roberto Colaninno.
To additionally reinforce its presence in the Asian Far East, Piaggio is right now fostering another plant in Jakarta, Indonesia (a market of developing significance for the Group), which is booked to open by 2022 and will possess an area of roughly 55,000 square meters.
Across the Atlantic, the Group works through Piaggio Group Americas, an auxiliary settled in New York, and on the west coast, in Pasadena, California, through a R&D focus, the Piaggio Group Advanced Design Center.
Likewise, in the USA, Piaggio Fast Forward Inc. (PFF), a Piaggio auxiliary headed by Michele Colaninno, was laid out in Boston in 2015 to direct examination into imaginative versatility and transport arrangements and advancements (see beneath).
To commend its 130th commemoration, the Piaggio Group distributed (for Rizzoli) “FuturPiaggio, – 6 lezioni italiane sulla mobilità e sulla vita” by Jeffrey Schnapp, who glances back at the Group’s set of experiences through a modern focal point and layouts the way of thinking and fate of the organization and its brands.
Capex
Over the most recent 10 years, the Group has made speculations totalling more than 1,291.8 million euro.
The Pontedera manufacturing plant is viewed as the “crown gem” of the Italian bike and bike industry.
Beginning around 2003 it has been the object of a significant turn of events and development program:
- New two-wheeler production lines
- A new spare parts warehouse
- A new cataphoresis paint shop
- Refurbishment and enlargement of the Piaggio Museum, now one of Europe’s most important two-wheeler museums
- Continuous innovation, with the focus on technological transition and entry into electric motors. Creation of the E-Mobility department in Pontedera
- A new commercial vehicle line for the production of the new Porter NP6
Safety and environment
Greatest consideration is paid to work environment wellbeing and the climate: in 2020 Piaggio was one of the global business’ manageability chiefs with the accomplishment for the sixth back to back year of the “AA” rating of Morgan Stanley Capital International (MSCI) Research, one of the world’s top ESG rating organizations.
The MSCI rating, along with the “B” rating (environmental change) doled out by CDP (Carbon Disclosure Project), mirror the mid-term way followed by the Group all around the world to make a substantial commitment to the fulfillment of the UN SDGs.
Two-wheelers
The Piaggio Group item range contains bikes, cruisers and mopeds with removals from 50 to 1,400cc for the Piaggio, Vespa, Aprilia, Moto Guzzi, Gilera, Derbi, and Scarabeo brands. The Piaggio Group brand portfolio incorporates probably the most esteemed and noteworthy names in motorcycling: from Gilera (laid out in 1909), to Moto Guzzi (1921), Derbi (1922) and Aprilia, which in a little more than twenty years has secured itself as one of the best producer brands on the planet Speed and Superbike titles. In bikes, the remarkable Vespa brand has been a dictum for individual versatility on two wheels starting around 1946 and – with in excess of 19 million bikes offered to date – a unimaginably extensive business achievement and one of the world’s most well known symbols of Italian style and innovation.
VESPA: in excess of 19 million Vespa bikes sold overall starting around 1946
ELECTRIC WORLD
The Piaggio electric engine custom traces all the way back to the mid-1970s and the Group sent off the first and top rated crossover bike, the Piaggio Mp3 Hybrid. Once more in November 2018, it sent off the Vespa Elettrica, a contemporary symbol of Italian innovation on the planet: the bike represents progressed network, quiet activity, personalisation, openness, regard for the climate and one of a kind style, esteems that have consistently recognized Vespa and in the Vespa Elettrica find full articulation, affirming Vespa as a market brand that has forever been somewhat revolutionary.
The Vespa Elettrica power unit conveys a top force of 4 kW to beat a customary 50 cc bike, and has a greatest scope of 100 km, with no massive contrast among metropolitan and non-metropolitan settings, because of a cutting edge lithium particle battery and a productive motor energy recuperation framework, which re-energizes the battery during deceleration. A total re-energize typically requires 4 hours.
In July 2021, the Group introduced a creative electric bike, Piaggio 1, with removable batteries. In 2021, the E-Mobility office which creates center parts for 2-, 3-and 4-wheel electric vehicles was broadened. New workplaces and labs will be worked at Pontedera and the hierarchical construction will be increased with around 40 electronic, mechanical and electro-specialized engineers.
THE MOTOPLEX STORES
In December 2014, the Group sent off a program to fortify its overall dispersion network with the presentation of the Motoplex store idea and the kickoff of the primary store.
The Motoplex stores offer the Group’s full scope of value brands (Piaggio, Vespa, Aprilia and Moto Guzzi) and address a creative model of a multibrand lead store, predictable with the new worldwide in-store experience technique being created by the Group in key metropolitan regions all over the planet.
Today, Motoplex stores work in Europe, America, Asia, India and Oceania, flanking the customary vendor organization. The biggest Asian Motoplex was opened in 2017, in Bangkok. The occasion denoted the Piaggio Group’s entrance on to the Thai cruiser market, expanding its as of now solid presence on the neighborhood bike market. Late openings incorporated the Motoplex stores in Hong Kong and in Bangalore.
Activities in sport
The Group has accomplished remarkable outcomes in sport: 104 big showdown titles with Aprilia, Moto Guzzi,Gilera and Derbi.
A general youth in sport, Aprilia has become quite possibly of the best name in cruiser dashing history, with no less than 54 big showdown titles (28 since its securing by the Piaggio Group). Its latest triumphs were in 2015, in the Superstock 1000 FIM Cup, when it got the Riders and Manufacturers titles.
In 2015 Aprilia Racing made a re-visitation of the top world cruiser hustling class, MotoGP.
From that point forward, Aprilia Racing has essentially fortified its group and obligation to MotoGP. In 2019, Massimo Rivola was selected as the new group CEO, close by Technical Manager Romano
Albesiano.
In 2021, Aprilia Racing recharged its five-year concurrence with Dorna Sports, to partake in MotoGP until 2026, with the transition to a processing plant group as from 2022. In the 2022 season, its RS GP riders will be Maverick Viñales, who marked a yearly agreement in 2021 with a possibility for reestablishment, and Aleix Espargarò.
According to the Innovation viewpoint, the German Quality and Finance Institute named Aprilia as the top Italian imaginative organization in the cruiser and bike area.
Commercial vehicles
The Piaggio Group is a player of developing significance available for 3-and 4-wheel light business vehicles for the transportation of travelers and merchandise. The Group brands in this area incorporate 4-wheel Porter and the notorious and adaptable 3-wheel Ape, which commended its 70th commemoration in 2018. Beginning around 1999 the Ape has likewise been delivered in India, at the production line of Piaggio Vehicles Private Limited (PVPL, claimed 100 percent by the Group) in Baramati, in the province of Maharashtra.
The Group has executed a significant global improvement program for business vehicles, which started with the new reinforcing of its presence in the high-likely business sectors of Latin America, Africa and Asia and the augmentation of the dispersion organization to 23 nations.
Toward the finish of January 2021, the Piaggio Group introduced another scope of 4-wheel light business vehicles, the Porter NP6, outfitted with eco-accommodating petroleum/LPG or petroleum/methane motors.
The new Porter NP6 territory is delivered in the Piaggio Group’s Pontedera plant in Italy and disseminated in the super European nations through a vendor network worked in the deal and backing of business vehicles, zeroed in on most extreme consumer loyalty.
Piaggio Fast Forward
Piaggio Fast Forward (PFF) is the Piaggio Group organization situated in Boston liable for Group examination into versatility representing things to come.
In November 2019 PFF sent off its most memorable creative undertaking, gita®, available. Gita is a one of a kind cargocarrying robot with a payload of up to 20 kg, which follows the client in indoor and outside climate. It moves at a maximum velocity of 10 km/h and has a battery duration of 4 hours. In September 2021, PFF additionally disclosed gitamini®,
another robot that packs the innovation and usefulness of its progressive “older sibling” gita® into a lighter, more minimized plan. gita® and gitamini® are produced at Piaggio Fast Forward’s plant situated in Boston’s Charlestown area, and promoting will incorporate an underlying stage devoted to the U.S. market, where the development of robots on city roads is now managed.
PFF has gotten various significant affirmations for its work in advanced mechanics, including the Disruptive Genius – Company grant at the 2017 MITX Awards for differentiation in “unusual creative reasoning, being quick to investigate new wildernesses and advancing the development economy through its tasks”; consideration in the Top 100 Most Innovative and Disruptive Construction Companies in the Robotics class by Disruptor Daily,
an esteemed global web-based day to day, because of “the solid mechanical capacities of Gita”; the renowned GOOD DESIGN® AWARDS 2017 in the Robotics classification with Gita, “thought about a progressive and visionary undertaking”. In 2020, at the Red Dot Awards – Product Design 2020, one of the world’s driving item configuration grants, Gita got the Red Dot quality imprint for its special and troublesome plan, and the top honor, the BEST OF THE BEST, in the class of creative items.
The Chair of Piaggio Fast Forward is Michele Colaninno; Greg Lynn is Chief Executive Officer and Jeffrey Schnapp is Chief Visionary Officer.
The individuals from the PFF Advisory Board are Roberto Colaninno (Chair and CEO of the Piaggio Group), John Hoke (Vice President Global Design at Nike), Doug Brent (Vice President Technology Innovation at Trimble), Jeff Linnell (previous Director of Robotics at Google) and Daniela Rus (Director of the Science and Artificial Intelligence Laboratory at the MIT in Boston).
Summary of 2021 financial results
Piaggio Group Chair and CEO Roberto Colaninno: “The outcomes supported today by the Piaggio Group Board of Directors mirror a reasonable improvement in all the critical business and monetary pointers, affirming the strength of the Group’s methodology and its capacity to answer successfully to the difficult circumstance. Net deals rose by 27% from 2020 and by 9.7% from 2019, while net obligation at 31 December 2021 was somewhere near roughly 43.3 million euro from 2020 and around 49.4 million euro from 2019.”
