Sri Lanka’s Colonial Motors gets Piaggio deal for Vespa scooters
May 23, 2017 18:04 PM GMT+0530 | 0 Comment(s)
ECONOMYNEXT - Colonial Motors (Ceylon) Ltd. has been appointed the authorised importer and distributor for the Italian brand Vespa and Aprilia scooters in Sri Lanka, its parent firm CM Holdings said.
A Colombo Stock Exchange filing said Colonial Motors has entered into a distribution agreement with Piaggio Vehicles Pvt Ltd, India.
Colonial Motors is also the authorized distributor for Mazda vehicles in Sri Lanka and the Maldives.
The Piaggio dealership had previously been with Associated Motorways Ltd.
(COLOMBO, May 23, 2017)