Vespa, the legendary scooter brand synonymous with style and freedom, has announced a bold new direction in India, ...

March 4 (Reuters) - Italy's Piaggio (PIA.MI), opens new tab, the maker of the iconic Vespa scooter, reported what it said was its highest ever annual core profit margin of 16.9% on Tuesday ...

In comparison with the previous model, Vespa 150 GS could reach a maximum speed of 100 km/h. However, the company worked a lot on the scooter and new models were prepared for the next years.

Michele Colaninno, Chairman and Chief Executive Officer, says India can also cater to new export markets like Africa.