Piaggio conferred the "Commercial Vehicle Manufacturer of the Year" award

Piaggio Vehicles Pvt. Ltd (PVPL), India’s leading manufacturer of Light Transportation Vehicles, is conferred the “Commercial Vehicle Manufacturer of the Year” award at the prestigious NDTV Profit Car & Bike Awards 2009 announced recently. The award comes as recognition of Piaggio’s pioneering contributions to the development of economical and efficient light transportation solutions in India.

Piaggio with a 42% market share has been leading the three-wheeler segment since 2008 (Source: SIAM: January – December 2008) and has sold over 7,00,000 vehicles in the India since its launch here. The company last year entered the 4 wheeler sub-ton category with the launch of Apé Truk.

Commenting on the award, Mr. Ravi Chopra, Chairman & Managing Director, Piaggio Vehicles Pvt. Ltd. said: “Being recognized amongst the automobile fraternity is indeed a proud moment for us. I am delighted that Piaggio’s consistent efforts towards meeting the diverse and changing needs of the Indian entrepreneurs and SME segments has been recognized. At Piaggio we have always believed in providing highly economical, reliable and cost effective transportation solutions that add significant value to the user’s business.” “We are committed to be seen as being unique, high-impact, fast-response, innovative and growth oriented company known around the world for its unmatched level of excellence,” he added.

Mr. Ashutosh Khosla, Director – Sales & Marketing, Piaggio Vehicles Pvt. Ltd. said: “This award is a testimony to our continuous efforts towards upliftment of the sub-ton cargo category into transportation solution providers. We have been at the forefront of providing customer-oriented solutions and were the first to introduce customization in the category. The high standards that we have set in after-sales service, with more than 60% post warranty reporting, will go a long way in further cementing the strong bonds we have built with customers.”

Considered among the most credible of auto industry awards, the NDTV Car & Bike Awards have become the benchmark for excellence in the industry and is seen as a true recognition of the most deserving products, campaigns, achievements, and the people behind them.

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About Piaggio Vehicles Pvt. Ltd.

Piaggio has already established its numero-uno position in India’s 3 wheeler market in cargo as well as passenger segments. Right from the time of its launch in 1999, Piaggio has consistently delivered exceptional standards and commitment to its customers across India. The service orientation of the company has resulted in Piaggio garnering a customer base of over 700,000 satisfied customers across India.