Sold for $41,250 at 2011 RM Auctions. This vehicle is a Vespa 400 Jolly and was produced by ACMA (Ateliers de Constructions de Motos et Accessoires) in Fourchambault, France from 1957 to 1961 to the designs of the Italian Piaggio company. There were two versions available, including the 'Lusso' and 'Turismo.' This example is unique - in the spring of 2010, it was converted by Microcarlot into a one-of-a-kind Vespa Jolly. It has wicker seats and a picnic blanket top. These types of cars were catered to the rich and famous, often used as yacht tenders to cruise along the beaches.
Between the wicker seats is the handbrake, starter and choke. The instrumentation is basic and minimalistic. There is a speedometer and warning lights for low fuel, main beam, dynamo charging and turn-indicators. This car was restored in 2010.
The engine is an air-cooled, two-cylinder, 393cc engine that produces 18 horsepower. There are four-wheel hydraulic drum brakes and an independent suspension.
In 2011, the car was offered for sale at the Amelia Island auction presented by RM Auctions. The car was estimated to sell for $50,000 - $70,000 and offered without reserve. As bidding came to a close, the car had been sold for the sum of $41,250, including buyer's premium. By Daniel Vaughan | Apr 2011
Vespa, best known for their scooters, produced an economy car called the 400 from 1957 through 1961. During that time, around 34,000 examples were built. The small, four passenger coupe had a roll-top roof, a 393cc 2-stroke air-cooled engine, a 3-speed manual, an all-independent coil spring suspension, and hydraulic brakes.
In the early 1960s, the company decided to cancel production of their automobiles so they could focus on their motor scooters. By Daniel Vaughan | Dec 2016
The Italian based company Vespa is legendary for their motorscooters. However, the French-built microcar produced from 1957 though 1961, is far less known. Produced by Piaggio, their history dates back to 1884 where they initially produced locomotives and railway carriages. During the First World War they aided in the war effort by producing aircrafts. They produced fighter planes during World War II. When WWII came to a close, the company was nearly devastated. Their Pontedera plant had been destroyed by bombing; Italy's roads were disastrous due to the bombing and war, and the economy was suffering.
Enrico Piaggio, the son of Piaggio's founder Rinaldo Piaggio, was determined to revitalize the Piaggio business and to address Italy's need for affordable and modern transportation that could traverse the war-torn roadways. Just like Dr. Ferdinand Porsche of the time, he began designing and building a car for the masses. The result was a very small, two-seater dubbed the Vespa 400. It was labeled as a convertible though it really only had a plastic folding sunroof. It was powered by a rear-mounted, two-cylinder, air-cooled engine that displaced 24.5 cubic-inches and produced 20 horsepower. It was mated to a three-speed manual gearbox and fitted with hydraulic drum brakes in both the front and rear. It had a steel unibody construction and a fuel tank that could store five gallons. With around 60 mpg, this was more than adequate. Top speed was just under 60 mph.
The car was introduced in 1957 and was sold in several countries including the US. It was built in France though had been designed by the same individuals that produced the scooter. Production in France was a logistical decision, as the company did not want to compete with the popular Italian based Fiat 500.
The car was priced at $1,080 which made it one of the least expensive and more reasonable micro-cars of the day. Sales were relatively strong, but not enough to convince the Piaggio Company to continue past 1961. They returned their entire efforts back to the production of the motor-scooter and mopeds. By Daniel Vaughan | Jun 2008