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Piaggio Slashes Vespa LX125 Prices in India to Bolster Slow Sales

Piaggio launched its Vespa scooter brand at last January’s Indian Auto Expo to much fanfare but sales have fallen short of expectations. The Vespa LX125 launched in Indian showrooms in April as the first new Vespa scooter offered in the country in 13 years, but Piaggio has only sold about 25,000 units. That might seem like a lot, and would be, for the U.S.

Indian Motorcycles Heading to … Um … India

Polaris Industries announced it will launch its Indian Motorcycles brand in India on January 22, 2014. The inherently awkward naming aside, Indian Motorcycles India will begin operations about two months after the launch of its Polaris cousins Victory Motorcycles as the latest brand to seek out a chunk of the world’s second largest motorcycle market. Indian Motorcycles India will offer the company’s complete lineup, which includes the Chief Classic, Chief Vintage and Chieftain.

Polaris Reports Q1 2014 Sales Results

Polaris Industries reported a 52% increase in motorcycle revenues over the first quarter of 2014, thanks in large part to the addition of Indian Motorcycles. Motorcycle sales generated $78.9 million in sales revenue for Polaris, compared to $51.8 million in the same quarter last year. The key thing to remember however, is Indian Motorcycles wasn’t relaunched until late summer, so last year’s first quarter sales were made up almost entirely of Victory Motorcycles.