Trouble at KTM

[RDnuTZ]

I predict Gas Gas will be sold off, and if desperate Husky as well. They will continue to "right size" the work force and, locations, and maybe limit some product offerings until they are back in the black. Early on when this issue became public they said they had shipped too much inventory annually resulting in too many leftovers in showrooms that had to be discounted and hurt bottom line. Vowed to correct the oversupply issue going forward.

[RDryan]

If KTM made these then they would sell like hotcakes!

[SoCal250]

KTM is selling off MV Agusta. And it is now under investigation by Austria's Financial Market Authority regarding possible issues with disclosure regulation compliance.
Employee salaries have been cut 20%.

[SoCal250]

It has been reported that there are 265,000 unsold bikes just sitting around in inventory! A whole year's worth. They deserve all the issues they're facing, their management team is really a bunch of clowns!

[RDnuTZ]

yep, definitely a poor business plan there!

[RDnuTZ]

https://westslope.craigslist.org/mpo/d/grand-junction-ktm-for-sale/7808437891.html


They had a lot of trouble with broken steering heads a few years ago when they changed frame design.

[elliottles1]

guys,

motogp is starting to look more like "the ducati cup";

https://www.msn.com/en-ie/money/other/ktm-will-quit-motogp-after-all/ar-AA1wIdn7?ocid=msedgntp&pc=LCTS&cvid=e89ada94372d49018ce9c0053712e0f4&ei=37

bring back suzuki, and add bmw.

les.

[SoCal250]

Yeah, it was already the Ducati Cup but now it's going to be worse. Even with only 6 on the grid instead of 8.
I'm guessing that KTM pulls out before '26 not after (foregoing their final contract year). It really sucks.

[RDnuTZ]

https://www.newsweek.com/sports/racing/ktm-confirms-future-motogp-it-planned-not-extend-2007721

[RDnuTZ]

the latest

https://www.vitalmx.com/forums/moto-related/court-approves-repayment-plan-ktm-owners

[Dvsrd]

Yeah, it was already the Ducati Cup but now it's going to be worse. Even with only 6 on the grid instead of 8.
I'm guessing that KTM pulls out before '26 not after (foregoing their final contract year). It really sucks.

Well, if Ducati have better engineers, designers and race teams than the rest, they dominante. What is wrong with that?

[m in sc]

i still say it gets sold off after consolidation. 

[RDnuTZ]

another update. seems they have a lifeline/pulse still

https://www.advrider.com/ktm-ag-gets-a-lifeline/

[SoCal250]

Only a month after the KTM restructuring plan was approved and they were able to restart production, they have been forced to put it on hold again. They have reported that production of new bikes has stopped until the end of July due to parts shortages. Not very good timing when they have a €600M payment due by May 23.
They have also lost their distribution deal with CF Moto for the EU.
Things are not looking good.

[SoCal250]

It sounds like KTM is going to be saved (at least in the near future). The latest news is that Bajaj Auto (one of their shareholders/partners) just secured a loan of nearly €600M in order to meet the debt payment deadline later this week that is part of the company's court ordered restructuring plan. This will also give Bajaj a larger stake in the company from their current 37% share.

And in other news, last week KTM announced a recall of about 20,000 2022-2025 model year GasGas & Husky dirt bikes in the North America market for a front brake caliper problem. This expands the previous recall that applied to dual sports in the same model years.