Piaggio Banks On Unique Brand Portfolio For Strong Growth

Piaggio Banks On Unique Brand Portfolio For Strong Growth

Reporting consolidated net sales of EUR 1,626.9 million over the last nine months, marking an increase of 23.3 percent when compared to the sales of EUR 1,319.2 million clocked during the corresponding period last year that ended on 30 September 2021, Piaggio is cautiously optimistic of steady growth on the basis of its unique brand portfolio. 

Selling 490,400 vehicles worldwide (an increase of 13.9 percent from 430,600 during the corresponding period last year), the Italy-based industrial group showcased the new Aprilia RSV4 XTrenta, a special edition two-wheeler that combines Aprilia Racing engineering and MotoGP technology. Only 100 bikes will be produced to celebrate the 30th anniversary of Aprilia’s first championship victory. It also showcased the centenary edition of GMG – Giornate Mondiali Moto Guzzi – in Mandello Del Lario (Italy) in September, attracting more than 60,000 Guzzi bikers from around the world, including British actor Ewan McGregor, who has always been a great fan of Moto Guzzi bikes. 

Holding the world preview of the Moto Guzzi V100 Mandello Aviazione Navale (signifying the brand’s special ties with the Italian Navy) in the spectacular setting of the flight deck of the Cavour aircraft carrier in September, Piaggio presented a new range of Vespa GTS scooters in four versions – the classic Vespa GTS, the contemporary GTS Super, the feisty GST SuperSport and the hyper-tech Vespa GTS SuperTech – in October. 

Announcing net profit of EUR 70.9 million, the best ever nine months result with an improvement of 37.4 percent (it was EUR 51.6 million at the nine months ending on 30 September 2021), the Italian group sold 410,000 two-wheelers worldwide (an increase of 12 percent from 366,000 as on 30 September 2021) and generated net sales of EUR 1,338.9 million, an increase of 20.6 percent from EUR 1,110.2 million during the corresponding period last year.

Turnover from two-wheeler sales was particularly strong in Asia Pacific (clocking an increase of 55.1 percent), followed by the Americas (clocking an increase of 44.4 percent), EMEA (clocking an increase of 7.7 percent) and the Indian sub-continent where sales continued to be steady and resulted in an increase of one percent. 

Consolidating its leadership in the scooter segment with a share of 23.5 percent (23.1 percent in the first nine months of 2021) and further strengthening its positioning in the North American scooter market with a share of 34.9 percent (34.5 percent as on 30 September 2021), Piaggio experienced an increase in traction in the area of motorcycles as well. 

Working to consolidate its presence in the North American motorcycle market with the Aprilia and Moto Guzzi brands, the group (seeing double-digit growth in global scooter sales volumes, driven in particular by the Vespa brand that reported a double-digit improvement in turnover and record nine-month sales volumes and by Aprilia scooters) clocked good growth in its commercial vehicle portfolio as well. 

The group reported sales volumes of 80,300 vehicles, up 24.4 percent as compared to 64,600 units sold in the nine months ending on 30 September 2021. It also reported net sales of EUR 288 million (an increase of 37.8 percent from 209.1 million EUR as on 30 September 2021). 

Highlighting positive performance of the motorcycles under the Aprilia and Moto Guzzi brands on one side and the commercial vehicles on the other, Piaggio experienced good contribution from its Indian operations too. 

With the Indian market showing a recovery with turnover from commercial vehicles rising 56.7 percent and sales volumes rising 37.4 percent, the group’s subsidiary now commands a 19.4 percent overall share of the Indian three-wheeler market. In the cargo sub-segment of three-wheelers in India, the company – Piaggio Vehicles Private Limited – is holding a market share of 33 percent. 

Drawing attention to an extremely complex macroeconomic situation and geopolitical developments such as the Russia-Ukraine conflict, Piaggio Group Chairman and CEO Roberto Colaninno expressed, “The Piaggio Group closed the first nine months of 2022 with its best results ever and double-digit growth, driven primarily by excellent performance in the APAC area, which will be further boosted by the new manufacturing facility we shall be opening in Indonesia next month.”

 

Classic Legends Secures New Patent For Rider Interface Innovation

Classic Legends - Yezdi Roadster

Classic Legends, one of the leading mid-sized motorcycle manufacturers, has been granted a patent for an adjustable visor and speedometer system. The patent, initially featured on the 2025 Yezdi Adventure, is valid for 20 years from 21 March 2023. This mechanical innovation allows riders to modify the height and position of the interface to suit their stature and comfort during road or off-road use.

The company has developed a portfolio of intellectual property, including a previous patent for an Airfilter Multifrequency Resonator used in its 650cc models, such as the BSA Gold Star. Unlike standard resonators that target a single frequency, this technology dampens air-filter noise across the engine's entire revolution range. Classic Legends also introduced the Alpha 2 liquid-cooled 334cc engine, which focuses on thermal efficiency and performance within the mid-capacity segment.

The OEM’s approach focuses on ergonomics and mechanical function. On the 2025 Yezdi Adventure, a centrally routed exhaust is used to manage heat and improve comfort, while twin headlamps are employed for illumination width. For the 2025 Yezdi Roadster, design decisions regarding chassis geometry and mounting strategies allow for adjustable seating and specific riding triangles.

Susheel Sinha, Head – R&D, Classic Legends, said, “This patent may solve a specific rider-interface problem, but it represents how we think about motorcycles. At Classic Legends, performance engineering is not about feature accumulation. It has to bring mechanical clarity and durability to how a motorcycle feels over years of use. It is the same with design decisions that start with the rider and the road. The recognition is fresh encouragement for us to keep building rider-centric motorcycles with a strong engineering foundation.”

Classic Legends continues to invest in in-house R&D and engineering talent, resulting in two granted patents and two pending filings. The company manufactures the 650cc engine for the BSA Gold Star, which is among the largest single-cylinder engines in production in India. Its product range has previously introduced technologies to the mid-sized category including six-speed gearboxes, traction control, and assist and slipper clutches.

Suzuki Gixxer Range Gets New Colours And Graphics Options

Suzuki Gixxer SF

Suzuki Motorcycle India (SMIPL) has introduced new colours and refreshed graphics for its Gixxer SF 250 and Gixxer 250 motorcycle range. 

The Gixxer SF 250 is now available in Glass Sparkle Black and Pearl Glacier White/Metallic Mat Platinum Silver No.2, alongside the existing Metallic Triton Blue/Pearl Glacier White. On the other hand, the Gixxer 250 offers three choices: Pearl Glacier White/Metallic Mat Platinum Silver No.2, Metallic Triton Blue/Glass Sparkle Black, and Glass Sparkle Black.

Both motorcycles are powered by a 250cc single-cylinder engine with a Single Overhead Camshaft design, producing 26.5 Ps at 9,300rpm and 22.2 Nm at 7,300rpm. The engine utilises Suzuki Eco Performance (SEP) technology and the Suzuki Oil Cooling System (SOCS) to balance acceleration with fuel consumption and maintenance. The bikes feature a chassis designed for stability, LED lighting and a digital instrument console with Bluetooth connectivity.

The Gixxer SF 250 is priced at INR 189,768 (ex-showroom Delhi), with ownership benefits including insurance savings and warranty benefits valued at up to INR 12,000. The Gixxer 250 is available for INR 181,517 (ex-showroom Delhi), offering similar benefits up to INR 10,000. Finance options are available with interest rates starting from 7.99 percent. Additionally, the GIXXER SF 250 is offered in a flex-fuel variant compliant with E-85 standards.

Deepak Mutreja, Vice-President – Sales & Marketing, Suzuki Motorcycle India, said, "With the latest colour palette and graphics, the GIXXER SF 250 and GIXXER 250 gain a striking visual appeal that enhances their sporty character. These motorcycles seamlessly combine performance and advanced engineering, catering to riders who seek a sporty yet comfortable riding experience".

Suzuki Motorcycle continues to promote the range through its Gixxer Pit Stop initiative across India, which includes test rides, maintenance sessions and exchange opportunities. The Gixxer SF 250 recently set a record by covering 3,259 kilometres in 24 hours. The company operates from its manufacturing plant in Gurugram, which has a production capacity of 1.3 million units per year.

Ducati India

Italian superbike maker Ducati India has revealed its aggressive product roadmap for 2026, confirming the introduction of 10 new and updated motorcycles to the Indian market.

The announcement includes plans to expand the brand's dealer touchpoints to improve accessibility and service for its customer base.

The 2026 portfolio comprises the Desmo450 MX, New Multistrada V4 Rally (2026 Edition), Panigale V4 Lamborghini, Panigale V4 Marquez Replica, Panigale V2 Special Edition MM93, Panigale V2 Special Edition PB63, New Monster V2, Diavel V4 RS and the New Hypermotard V2/V2 SP. These follow the Panigale V4R, which was launched in India on 2 January 2026.

The launch schedule begins in the first quarter of 2026 with the Multistrada V4 Rally, the Panigale V4 Lamborghini, and the Desmo450 MX. The third quarter will see the arrival of the New Monster V2 and the Marc Márquez and Pecco Bagnaia Special Editions of the Panigale V2, followed by the Diavel V4 RS. The final quarter of the year will feature the Hypermotard V2 range in October, concluding with the Panigale V4 Marc Márquez Replica in December.

Bipul Chandra, Managing Director, Ducati India, said, “2026 is poised to be another landmark year for Ducati as we continue to push boundaries with a portfolio of new launches that will set fresh benchmarks in the premium motorcycle segment. Our commitment to delivering the most sophisticated, performance-driven motorcycles to Indian customers has never been stronger. We are excited to introduce these exceptional new models, and with the expansion of our dealership network, we look forward to a successful and impactful year for Ducati in India.”

Ducati will open bookings at its dealerships in Delhi, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, Kochi, and Kolkata. Indicative pricing for the upcoming range will be released on the company's website ahead of the specific launch dates.

Suzuki Motorcycle India And Greaves Finance Partner To Launch EV Financing For e-Access

Suzuki Motorcycle India - Greaves Finance

Suzuki Motorcycle India (SMIPL) has announced a partnership with Greaves Finance, operating under the brand ev.fin, to provide financial solutions for the Suzuki e-Access electric scooter. The collaboration introduces buy-back upgrade assurances and retail finance options intended to lower the barriers to electric vehicle ownership.

The partnership combines SMIPL’s dealership network with the digital financial platform of ev.fin. The primary objective of the association is to provide customers with predictable resale values and credit support at the point of purchase.

To address concerns regarding the resale value of electric two-wheelers, SMIPL and ev.fin have introduced a structured buy-back programme. Customers can select from two primary plans: a 36-month term offering up to 60 percent of the ex-showroom value, or a 48-month term offering up to 50 percent of the effective ex-showroom price. This programme is designed to provide a guaranteed value for users looking to upgrade their vehicles in the future.

The ev.fin platform offers retail finance solutions including loans for up to 100 percent of the vehicle cost. Interest rates for the Suzuki e-Access start from 5.99 percent, with monthly instalments beginning at INR 3,999. The loan process is managed through a digital journey aimed at reducing processing times and offering customisable plans, such as low-down payment options.

Deepak Mutreja, Vice-President, Sales & Marketing, Suzuki Motorcycle India, said, “At Suzuki Motorcycle India, we continually look for ways to make the ownership journey easier and more reassuring for our customers. Through our association with Greaves Finance, we are introducing added value at both the purchase and resale stages of the Suzuki e-Access. With the assured buyback upgrade and tailored finance options, we bring more trust and peace of mind to EV ownership, while enhancing customer accessibility to electric two-wheelers.”

P B Sunil Kumar, Executive Director & CEO, Greaves Finance, said, “We are delighted to partner with Suzuki Motorcycle India to accelerate the transition to electric mobility. By offering Buyback upgrade options and customized financing through our ev.fin platform, we are eliminating the 'resale anxiety' often associated with EVs. Our goal is to provide a seamless, digital-first financial experience that makes the Suzuki e-Access an even more compelling choice for the Indian commuter.”