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Piaggio loses 2nd spot in three-wheeler market
Financial Express Kochi
|October 25, 2025
ITALIAN THREE-WHEELER (3W) giant Piaggio has slipped from the second spot in the domestic three-wheeler market, with its share falling to 6.2% in the first half (April-September) of thecurrent fiscal from 7.3%dur-ingthesame periodayearago.
The company sold 38,441 units, down from 43,371, even as overall three-wheeler sales rose 4% to 618,230, according to Vahan data.
Sector analysts attribute Piaggio’s decline to its weak performance in the CNG segment and sluggish pace in adapting to the EV transition.
यह कहानी Financial Express Kochi के October 25, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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