Piaggio Launches ape
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Piaggio Launches ape Xtra and ape Xtra LD

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Piaggio Launches ape Xtra and ape Xtra LD

Pune, Maharashtra, India

Piaggio Vehicles Pvt. Ltd., market leaders in the Light Transport Vehicle (Diesel) segment, today announced the national launch of the ape Xtra and ape Xtra LD. The innovations in these vehicles have been engineered with the aim of providing Xtra life, Xtra reliability, Xtra savings and hence Xtra Profit to the customers.

Committed to continuously raising the bar in high quality transportation solutions, Mr. Ravi Chopra, Chairman & Managing Director, Piaggio Vehicles Pvt. Ltd., said, "The launch of Piaggio's ape Xtra and ape Xtra-LD 3-wheeler vehicles have been carefully timed to synchronize with the burgeoning economic activity and provide the country's light transportation sector with two outstanding products that outperform in the category and offer exceptional value."

Since its inception in 1999, Piaggio has kept its fingers firmly on the pulse of the Indian market and come up with solutions and variants that truly matched the customers requirements. Whether the need was for a vehicle that offered exceptional fuel economy, or ensured lowest downtime, or carry more weight and volume, Piaggio ensured that it delivered the ideal solution. Everytime. The Piaggio ape Xtra and ape Xtra LD are the latest solutions that the company now offers to match the rapidly evolving needs of the Indian customer. As Mr. Chopra says, "We recognized that the customer today needs a re-engineered product that will pack in higher levels of performance and thereby deliver far greater value within the customers budget. Today, the customer needs a 3-wheeler solution that understands shrinking business margins and offers the best cost efficiency possible."

The Piaggio "ape Xtra" and "ape Xtra LD" are likely to set a whole new standard in 3-wheeler performance, having been meticulously engineered to deliver higher outputs on all critical parameters. The Piaggio ape Xtra has an extra strong cold-rolled loading platform with additional reinforcement to enhance strength and give longer durability to the tray; a bigger diameter main shaft in the gearbox that ensures extra performance and reliability; a robust cage bearing to enhance driving experience and is almost maintenance free; an aesthetically sleek and smart instrument cluster providing greater convenience; and a specially developed high wear resistant cork material that doubles the clutch life, hence saving on maintenance cost. The new "ape Life" engine oil which offers longer change period of 10000 KM, reduces periodical maintenance cost (related to lubrication) by 50%.

Besides the features above, the ape Xtra LD also has an extra long deck that is increased to 1660 mm (180 mm longer) making it the longest load body vehicle in its category. The increase in loading area of 2.5 sq. ft. offers 20% more loading area. This means extra space, extra volume and of course, extra earnings and profits per trip. To guarantee extra stability for the longer deck, the ape Xtra LD has the longest wheelbase in its category, measuring all of 2100 mm. And all this comes with an extended 20-month warranty that's unique to Piaggio.

Succinctly summing up this new range from Piaggio, Mr. Ashutosh Khosla, Director-Sales & Marketing of Piaggio Vehicles Pvt. Ltd. said, "As the leader in the Diesel 3-wheeler category, with 55% market share, Piaggio has always been conscious of its responsibility to continuously raise the bar in quality and provide greater value to the lakhs of customers who look to the Piaggio ape 3-wheeler as a bread-winner and profit-spinner. We have always believed in selling a business proposition and not a product that means the focus is on how to boost earnability of the customers."

About Piaggio

In 1947, Piaggio invented the 3-wheeler technology, and ever since the company has emerged as one of the world's leading player in two, three and four wheeled motorized vehicles.

Piaggio Vehicles Private Limited (PVPL) a 100 % subsidiary of Piaggio & CSpa of Italy employs around 1700 people in India. The Indian operation has a widespread network with seven regional offices, fourteen branch offices with more than six hundred sales and service outlets across the country.

PVPL commenced its Indian operations in 1999 with the introduction to ape brand of diesel light Transportation vehicles. PVPL has crossed record sales of 155,840 vehicles in the year 2007 and commands a market share of 55% in diesel 3-wheeler category. Piaggio's India plant located at Baramati produces 500 vehicles per day with an installed capacity of 200,000 vehicles per annum. The ape product range cuts across various segments; including half tonner cargo vehicles, three seater Diesel, CNG & LPG based variants, the latest entrant in being a sub one-ton four wheeler ape truk.

To view the photograph, click the link below:

Mr. Ravi Chopra, Chairman & Managing Director, Piaggio Vehicles Pvt. Ltd., at the Launch of Piaggio's ape Xtra and ape Xtra-LD 3-Wheeler Vehicles

rajesh.gupta@pn.pgvl.com Archana.thomas@ipan.com

Source: Piaggio Vehicles Pvt. Ltd (Business Wire India)

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