Vespa ends its partnership after 9 years with Naza Premira
……..and just when we wanted to take up riding a scooter!
Naza Premira Sdn Bhd, the brand guardian for Vespa scooters has just announced this evening that it will be ceasing operations for the Vespa brand effective 1st January 2020.
SM Nasarudin SM Nasimuddin, Group Executive Chairman & Group CEO of Naza Corporation Holdings Sdn Bhd said, “Since July, the Naza Group and Piaggio Group have been in mutual discussion with regards to the separation. We thank the Piaggio Group for our nine-year partnership and wish them all the best with their new partner,” Nasarudin concluded.
“We will continue to remain focused on strengthening our core business areas including the automotive manufacturing and distribution operations. With the business dynamics continuously evolving, we prioritise the high-performing core brands that we have. More importantly, we have to remain competitive and relevant in a market that is changing at breakneck speed given evolving consumer trends,” Nasarudin added.
Naza Premira will continue to serve Vespa customers at selected existing dealer points, offering customers continuity of vehicle service, parts, warranty and aftersales service in Malaysia until 31st December 2019.
About the Author
Daniel Sherman Fernandez www.dsf.my is a service to the public and other website owners. www.dsf.my is not responsible for, and expressly disclaims all liability for, damages of any kind arising out of use, reference to, or reliance on any information contained within the site www.dsf.my. While the information contained within the site is periodically updated, no guarantee is given that the information provided in this website is correct, complete, and up-to-date. www.dsf.my is not responsible for the accuracy or content of information contained inside.
Related Posts
Ducati Just Recently Opened A New Factory In Rayong, Thailand →
Yamaha Malaysia Introduces New Colours For The Yamaha NVX Model →
Suzuki Unveils The Burgman Street EX Scooter For RM7,500 →
