Header Relazione

Commercial Vehicles


In the first half of 2011, the European market (EU27+EFTA) for light commercial vehicles (vehicles with a maximum mass of up to 3.5 tons), where the Piaggio Group operates, accounted for 0.86 million units registered, for a growth of 9.7% over the first half of 2010.

The trend of main countries in this area was as follows: Italy registered a decrease of 0.8%, with sales falling from 102,726 units in the first half of 2010 to 101,878 in the first half of 2011, Spain also witnessed a drop of 13.3%, while the French and German markets registered an increase of 5.1%, and 19.9%, respectively.


The Indian three-wheeler market - where Piaggio Vehicles Private Limited, a subsidiary of Piaggio & C. S.p.A., operates - went up from 223,876 units in the first half of 2010 to 253,038 in the first half of 2011, registering a 13% increase.

Within this market, the passenger transport vehicles segment continued its growth trend, selling 197,728 units, up 12.46%, while the cargo segment reported an increase of 15.11%, with sales going up from 48,048 to 55,310 units. The traditional three-wheeler market is flanked by the four-wheeler light commercial vehicles (LCV) market (cargo vehicles for goods transport) where Piaggio Vehicles Private Limited operates with the Apé Truk and Apé Mini. The LCV cargo market accounted for sales of 153,198 units in the first half of 2011, up 23.2% over the same period in 2010.