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My Favourite Motorcycle: Mohd Izzat Shafiq
My Favourite Motorcycle: Mohd Izzat Shafiq
MOTORCYCLE
HISTORY OF
VESPA
classic
Vespa(Italian pronounciation) :
vespa is an Italian brand
ofscootermanufactured byPiaggio.
The name meanswaspinItalian.
The Vespa has evolved from a single
model motor scooter manufactured
in 1946 by Piaggio & Co. S.p.A.
ofPontedera, Italyto a full line of
scooters and one of seven
companies today owned by Piaggio.
In 1959 Piaggio came under the control of the Agnelli family, the owners
of car makerFiat SpA. Vespa thrived until 1992 when Giovanni Alberto
Agnelli became CEO, but Agnelli was already suffering from cancer and
died in 1997. In 1999Morgan Grenfell Private Equityacquired Piaggio,
but a quickly hoped-for sale was dashed by a failed joint venture in
China.
Chief executive Rocco Sabelli redesigned the factory to Japanese
Vespa models
THE PICTURES OF
VESPA
IZZAT SHAFIQ