MILAN – With commercial-vehicle markets down worldwide, it hardly seems the right moment to launch a new light-commercial range in Europe, but that’s the game plan Italy’s Piaggio SpA put in motion last week with the rollout of its new Porter model. Best known for its deep lineup of motorbikes, including the Vespa scooter, Piaggio is less recognized as a maker of CVs, but that side of the business has grown steadily over the past few years. In 2008, the CV operations, which encompass ...

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