Bajaj sales down

Following recent news that Italian scooter sales have dropped, Bajaj Auto’s January report shows a 15% drop in two-wheeler sales. More astonishing: In 2000, Bajaj sold close to 800,000 Chetaks, if we’re reading this data correctly, only 1,100 of the 1,66,492 two-wheelers they sold in January are scooters (presumably Kristals, their only current model). All you readers who wonder why we cover Bajaj might have a point. (TradingMarkets.com)

Vespa Navy

Vespa GTV Navy

Piaggio today announced the immediate availability of two 60th-anniversary Vespa models in navy blue (“Midnight Blue Metallic”). The LXV and GTV are retro-ized versions of the LX and GT that were originally released in 2006 to coincide with the Vespa’s 60th anniversary (and it took me until now to realize that “LX” is the Roman numeral for “60”). Continue reading “Vespa Navy”

“Andretti” scooters

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The latest in scooter badge engineering: PSF’s Andretti Scooters.

Yes, that Andretti.Purchase Point Media Corporation, who recently bought Power Sports Factory, (who sells Chinese-made “Yamati” and “Strada” scooters) has licensed auto-racing legend Mario Andretti’s name for a line of scooters. Continue reading ““Andretti” scooters”

Piaggio steps up Asian operations, hybrids due late 2008

Bobby and Ravi, together again

At a press event in Mumbai today, Piaggio announced plans to re-enter the Indian scooter market, focusing on manufacturing hybrids for the local market by 2010. The press release states that the company will be selling Vespa/Piaggio hybrids in Europe by the end of this year.

Piaggio has been producing 3- and 4-wheeled utility vehicles in India for years, but has avoided the crowded scooter market. The press release also lists new agreements with partners and suppliers, and hints at more. It also outlines their operations in China (a partnership with Zongshen Group, making Piaggios for local and world markets), Vietnam (a new factory manufacturing scooters for local markets), and Japan (a new importer/distributor).

$2500 Tata Nano

The big news today, of course, is the launch of India’s Tata Motors’ $2500 Nano automobile. That’s right, India is building cars (there are more on the way from other makers, including a possible Renault/Bajaj collaboration) that cost half as much as a new Vespa. And Tata, who you’ve probably never heard of until this week, is a rapidly-growing superpower with steel, manufacturing, automotive, industrial, and hotel resources. The company is currently in the process of acquiring the pride of their former imperialist conqueror, Land Rover/Jaguar, from Ford Motor Co.

Ratan Tata, quoted in a press release, described the origins of the car:

I observed families riding on two-wheelers–the father driving the scooter, his young kid standing in front of him, his wife seated behind him holding a little baby. It lead me to wonder whether one could conceive of a safe, affordable, all-weather form of transport for such a family.