January 25, 2021

To cope with pandemic blow, Piaggio to supply Vespa and Aprilia Scooters on lease

MUMBAI: Piaggio India, the maker of Vespa and Aprilia scooters, stated that it is going to be providing its scooters on a lease, changing into the most recent automaker to strive the leasing choice within the aftermath of the coronavirus pandemic.

The corporate has tied up with OTO Capital for the service and clients can lease the automobiles from dealerships via the OTO app. It could be first out there in Pune and Bangalore.

“We see versatile possession to be a fascinating new development amongst the youth of India and we imagine, Vespa and Aprilia would lead it to increase the premium expertise to the aspirants,” stated Diego Graffi, chairman and managing director, Piaggio India.

Underneath the leasing mannequin clients must pay just for the variety of years they wish to hold the automobile after which return it anytime, the corporate claimed in a press release. Additional, via the leasing choice, one may even improve to a extra premium mannequin of Vespa and Aprilia in the identical EMI funds.

Earlier, Maruti Suzuki and Toyota Kirloskar Motor had introduced their very own subscription and leasing plans publish the coronavirus pandemic. Rivals Hyundai and Mahindra too supply related companies.