Piaggio and AutoItalia sign Technical Licensing Agreement

While the Philippines automobile manufacturing may be in a slump, but its motorcycle manufacturing seems to be on the rise. This was proven by the recent news from Honda Philippines (HPI) and Adventure Cycle Philippines (ACPI/ KTM Philippines). Besides these two, another brand hopes to join the roster.

Piaggio Apé to be assembled in the Philippines image

Last Feb. 28, 2020, Autoitalia Philippines Enterprises, Inc. and Piaggio India held a ceremonial signing of a Technical Licensing Agreement of CKD Kit Assembly, at the Manila Golf and Country Club. This act allows Autoitalia Philippines Enterprises, Inc., to locally assemble, manufacture and distribute Piaggio Apé vehicles from Complete-Knock-Down (CKD) kits from India as authorized by the Board of Investments (BOI) under Executive Order (EO 156) or the Motor Vehicle Development Program (MVDP).

The Technical Licensing Agreement allows Autoitalia to engage in both domestic and export sales, and distribution of Ape vehicles in the ASEAN and other territories agreed upon. Also agreed upon was that 40-percent of the CKD components be sourced locally or from ASEAN member nations. This in turn would allow export, taking advantage of the duty-free ASEAN rate to our ASEAN neighbors.

Piaggio Apé to be assembled in the Philippines image

Present during the event were the top executives from Piaggio India, Autoitalia and BOI in the Philippines. At the same event, Autoitalia Philippines Enterprises, Inc. welcomed new dealers from Dagupan, San Pablo, Subic, Capiz, Biñan, Isabela, Pasay, Dasmariñas, Tacloban to the Piaggio family. Currently, Autoitalia already has dealers in Taytay, Tagaytay, Legazpi, Imus, Pampanga, Dumaguete, Cebu, Bohol, Davao, Cagayan de Oro, Zamboanga.