Founded in 1884, the Piaggio group is the largest European manufacturer of scooters and motorcycles and one of the main global players in this sector. Piaggio (PIA.MI), listed on the Italian Stock Exchange since 2006, has been controlled since 2003 by Immsi S.p.A.
Today the Piaggio Group has three distinct core segments: 2-wheelers, scooters and motorbikes from 50 cc to 1,400 cc; The Group’s brands include: Vespa, Piaggio (among the scooters, the Liberty, Beverly, Medley, MP3 models and the electric Piaggio 1) and, since 2004, the motorcycle brands Aprilia (which through Aprilia Racing is involved in the MotoGP championship), Moto Guzzi, Gilera and Derbi.
The Piaggio Commercial division, dedicated to light commercial vehicles, with Ape and Porter. In 2021, a new range of light commercial vehicles (produced in Italy) was launched, the new Porter NP6, offered with green petrol-LPG and petrol-methane engines. The robotics division with Piaggio Fast Forward, the Group’s research centre on the mobility of the future based in Boston.
Piaggio in the world
The Piaggio Group can count on eight industrial hubs:
- three in Italy (in Pontedera, in the province of Pisa, where Piaggio and Vespa vehicles and the Porter city truck are produced, and where the E-Mobility department of excellence is based; in Noale and Scorzè, in the province of Venice, for the production of Aprilia motorbikes and scooters; in Mandello del Lario, in the province of Lecco, Moto Guzzi’s home since 1921; --
- one in India, in Baramati;
- three in Asia Pacific (in Vietnam, in Vinh Phuc, in China, in Foshan and in Indonesia, in Jakarta),
- one in Boston, where the Piaggio Fast Forward plant is located, the Group company focused on robotics and future mobility, which produces gita® and gitamini®, the terrestrial drones with the innovative follow-me technology.
Furthermore, the Group has seven R&D centres: one based 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.
Present in over 100 countries, of which:
- more than 4,000 sales outlets (2-wheelers, commercial vehicles)
- nearly 1,000 Motoplex outlets around the world
Group consolidated net sales in 2023 were 1,994.6 million euro, against 2,087.4 million euro in 2022. In 2023 the Piaggio Group sold a total of 559,500 vehicles worldwide, compared with 625,500 in 2022.
During 2023, the Piaggio group sold a total of 436,300 units in the two-wheeler segment worldwide, accounting for a net turnover equal to approximately 1,535.9 million euros (compared with 516,200 units and 1,683.8 million euros in 2022). As at December 31st, 2023 the group employed 5,925 employees.
Motorsports play a vital role for the Group's motorcycle production operations. The Group's brand portfolio includes names that have earned pride of place in the history of international motorcycle racing, which between them have notched up 104 world championships - 54 for Aprilia, 21 for Derbi, 15 for Moto Guzzi and 14 for Gilera.
