Piaggio has launched the Vespa RED, an exclusive scooter, at Rs 87,000 (ex-Maharashtra). This scooter will sit on top of the Vespa 125 food chain and is among those rare RED branded luxury products sold the world over. The scooter features a premium glossy red color scheme with chrome accents, red seat, red and chrome alloys. It is mechanically identical to the Vespa 125 and comes with a 125cc. The Vespa RED 125 makes 10.06PS at 7500rpm and 10.6Nm at 6000rpm. This is the first step and Piaggio might think about launching a 150cc variant in the future.