Things are not going well at KTM
KTM AG Enters Self-Administration to Restructure Debt (https://www.motorcycle.com/bikes/news/ktm-ag-enters-self-administration-to-restructure-debt-44613250)
I don't understand? They charge so f'n much for their sh'''t !
Over half their stuff is built in China or India.... Yet their prices are as if they were built in Austria.
I love my 1290SDGT, but I'll never buy another one after hearing all the issues other have had with their KTMs...as well as the cost.
yeah.. the 390 i had was the 1st Indian made model, was eyeballed the 1st year by the KTM team that 1st year, then after that, not so much. no more after that. Fact is a fact, the Indian made stuff just isn't good. TO the point, id take a Chinese bike over a made in India one any day. And that's not saying a whole lot... Look at the Royal Enfield owners group on FB.., I'm a member of it just because... holy cow the stuff they think is acceptable because its cheaper, sort of, but not really, it's unreal. :twocents:
I've had many KTM's and have no complaints about any of them, including my current 698smcr.
That said, the 690 is for sale and I'm looking toward a 765 Street Triple RS as my next purchase.
Quote from: pdxjim on November 28, 2024, 06:09:09 PMI've had many KTM's and have no complaints about any of them, including my current 698smcr.
That said, the 690 is for sale and I'm looking toward a 765 Street Triple RS as my next purchase.
My brother has a street triple. He absolutely loves it. A lot of grunt.
Quote from: Striker1423My brother has a street triple. He absolutely loves it. A lot of grunt.
Yeah, I had an '09 Daytona 675. It was amazing but I sold it to buy a basket KH400. One of the poorer decisions I've made.
Just this past week I was comparing the on paper 390 Duke specs and performance to the RD 400. The are pretty comparable performance wise and the RD is almost 50 years old. Of course there have been advancements in frames and suspensions etc. that the Duke has, but it's kinda a testament to how good the RD was for it's time.
that was a big reason why I had one. it did well, I enjoyed it but even 1st year ones had issues. the smaller bikes for now are all made in India but components for the bigger ones are def coming from there. damn shame but is what it is
There have been rumblings of financial issues at KTM for nearly the entire 2024 GP season, but no official word came from the company until they announced their recent restructuring and firing of their CFO.
Now the story is getting worse at KTM. The actual debt is nearly double of what was first reported, and in recent days has been estimated at €2.9 billion ($3.05B) to nearly 2500 creditors.
While KTM had adamantly stated in the past that the finance issues would not affect their racing programs, that news has now changed and they have frozen MotoGP development. Testing will proceed as planned but this certainly isn't good for their teams in GP. The company has declared they are not going anywhere and will be competing in MotoGP through 2027 because they have a contract to fulfill with Dorna.
It really sucks for Acosta and Binder. I think Miller was handed a huge favor when he was let go and then moved over the Yamaha.
Quote from: busa1300 on November 28, 2024, 05:34:37 PMOver half their stuff is built in China or India.... Yet their prices are as if they were built in Austria.
I love my 1290SDGT, but I'll never buy another one after hearing all the issues other have had with their KTMs...as well as the cost.
I currently own the same bike and my biggest complaints are that I don't use it for it's intended purchase and it's too big for me. I had to learn the hard way that I am not in the mindset to fully enjoy a sport touring type bike, long days in the saddle just don't fit with my idea, wallet, lifestyle. As for it being too big, I am 5,10 with a 30" inseam so the bike is absolute horse. I can peg leg flat foot at stops and lights but it's uncomfortable if I'm doing that frequently. Also in terms of that size is the weight and the power, it isn't as fun as my little RD250 on a back road. Also I can flat foot with 06' GSXR1000 and because that bike is so much lighter with a fairing and the helibars I put on it well it doesn't have the tech or the torque of 1290 but it seems just as quick and maybe faster in a different way and I get used to even though it's not as upright riding style. I dunno I had to try it. I'm not really good at selling bikes so that's about the only reason why I still have it. Really disappointed to hear this about KTM as a business as I was thinking of just trading my 1290 in for a 300 XCW and doing a Supermoto conversion as I guess it's easy to street legal em even here in MA. but I dunno have to see what happens with this news, the new economy, work etc, etc. Have a feeling I may just sell that bike for a dirt cheap price on Facebook and again I hate the idea of having to sell my bike privately. Oh well be much easier if the company and or product could just do a better job at selling itself if that makes sense. But bikes are expensive and who wants to buy a bike like this with the world and or country like it is?...I did say to myself that if I ever got an inside job I could just keep it and treat as a second vehicle but at present I work for myself and need the car to do that.
friend of mine bought a used superduke last year. Not my cup of tea, at all, but other dealers will def take it in on trade.
I bought my 1290SDGT for one...I was burnt out on working on bikes and wanted something that would start and go anytime I wanted without some type of concern in the back of my mind. Also it is the only bike I have that has a back seat my wife can go on a ride with me (and have room to carry stuff back home if we stop to buy anything)...everything else is sportbike one up basically.
But I also wanted something that could seriously haul ass, drag foot pegs, and do wheelies at will....this bike will do it...even with a passenger.
They do build somewhat on the fringe edge of what the general bike buyers want...
(https://advrider.com/f/attachments/img_0838-2-jpg.1519803/)
Job cuts are underway.
https://www.crash.net/motogp/news/1061560/1/ktm-set-more-job-cuts-amid-financial-struggles
expect the ip to be sold by q3 next year. that's my prediction
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.
If KTM made these then they would sell like hotcakes! :whistle:
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%.
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!
yep, definitely a poor business plan there!
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.
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.
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.
https://www.newsweek.com/sports/racing/ktm-confirms-future-motogp-it-planned-not-extend-2007721
the latest
https://www.vitalmx.com/forums/moto-related/court-approves-repayment-plan-ktm-owners
Quote from: SoCal250 on December 30, 2024, 06:35:34 PMYeah, 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?
i still say it gets sold off after consolidation.
another update. seems they have a lifeline/pulse still
https://www.advrider.com/ktm-ag-gets-a-lifeline/
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.
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.
Bajaj taking over KTM completely with buyout...
https://www.motorcycle.com/bikes/news/bajaj-to-acquire-ktm-44622745
there it is. :huh: oh well.
you win the prize for closest guess :toot: :guinness:
just easy to see coming. too bad. Hopefully some of the ktm engineers jump ship to kawasaki or yamaha and get cranking on some fi 2t stuff. Bajaj is good at producing decent cheap commodity bikes KTM as we know it is fucking dead.
I'm wondering about Husqvarna too.
Quote from: IR8D8R on May 23, 2025, 04:23:39 PMI'm wondering about Husqvarna too.
Don't forget about GasGas.
Stopped by my LBS that happens to be a KTM dealer and got a inspection sticker for me 16' Superduke 1290GT and that's a long story as I should've done it last May and didn't even bother for the 24' riding year. We'll see if I can tell a bit of story quickly...I went to a job interview and decided to ride my KTM to it as I haven't ridden it in a couple of weeks. All was good and enjoying the ride. Left the job site and barely a couple minutes down the road around a bend a cop clocked accelerating from 2nd to 3rd up to 50mph in a 30mph zone. Pretty much as soon as I saw him I let off the gas and slowed down to about 35ish. Well he still pulled me over :sad: Luckily he gave me a break but reminded me to get the inspection sticker which I acknowledged being lax about doing and just said I rarely ride the bike and have contemplated selling it which is true.
So and hour or so later I just got the inspection sticker and an idea came to me since I was there I may as well kick tires with the sales folks about selling my bike. Well again they are a KTM dealer...so they say that a couple of rep were in the shop yesterday reminding them that the KTM brand is not dead and everything is OK. All the same the shop says that the KTM's are not selling too well these days. At first I was thrown an offer based off of KBB of $6k-7,400. That being said without looking. After firing the bike up and acknowledging it passed safety inspection and taking some pics I was offered $3,800. The story behind the last lowest offer was explained as they really would have a hard time selling the bike locally so basically a third party that I presume is a much bigger nationwide outfit that wholesales bikes would buy the bike thru my LBS.
Kinda interesting but not too surprising. KBB trade in value is $ 5,780 and their typical listing price is 8,355 which as I recall isn't too far off the mark for what one sold on BAT several months ago that was very similar to mine but with less miles. Mine had 27,135 at the LBS earlier today. I tell you what on FB Marketplace locally to where I live in Gloucester, Ma. there are several of them and they just don't seem to move, same old ads I see for months. Cheapest one is a week old ad for a 17' with over 67k on the Odometer and asking 7k. One that's been listed for over 41 weeks had it's price slashed from $9750 to 8500 and still for sale. :shocked:
I dunno probably could get more money parting it out,lol although I don't think that funny. Probably ought take the low-ball deal just to move it along but for 3,800... that is so cheap, maybe I'd be better off keeping it and using it as some kinda horrible stunt bike. Teaching myself the wrong way to do rolling burnouts and stoppies. I dunno just saying the bike shops are thieves, the market much like the economy kinda sux and dido for KTM. Great bike though if you like, I did like riding it today.
can you replace it with something you like as much or more for 3800 bucks? if not then prob not worth it. whatever you were willing to pay 'up' for a 'new' bike, if that amount is in line to make your ktm do what you want it to do (whatever its lacking to YOU) again, thats your answer. IF you are just 'done' with it then move it along.
Quote from: m in sc on July 11, 2025, 08:17:23 PMcan you replace it with something you like as much or more for 3800 bucks? if not then prob not worth it. whatever you were willing to pay 'up' for a 'new' bike, if that amount is in line to make your ktm do what you want it to do (whatever its lacking to YOU) again, thats your answer. IF you are just 'done' with it then move it along.
Good point. I really don't think I could replace it for 3800, just can't get very far with that kinda money. At best I could put the 3800 towards something else. But this is an interesting dilemma and I am living it. I just don't use that bike that much and it would be so convenient to just do the deal and be done with it. No taking pics to create an ad, dealing with people. I like to think the sales guy that pitched the offer was genuine. His final suggestion was to put it on Marketplace for 7500.
I tell you what if I was feeling rich I would probably go for it just to move it along but I just feel like it's a low-ball offer. I didn't try to counter offer and maybe that was a problem for me. I just thought it weird that at first I'm offered 6000 to 7400 and then after looking at the bike the sales guy pitches the sale to a third party and possibly to whomever he answers to on the other side of the sales dept, he did drift away from me and his desk to do that. So he comes back with 3,800?...I mean C'mon just seems like that's their deal. Acknowledge a trade value that's published and then give a sales pitch to justify less than a quarter of what the bike retailed for nine years ago.
I paid 12k for that bike five years ago and despite having two other bikes I managed to rack up over 18k miles but shit it pretty much looks the same being garaged and runs just as good as the day I got it. I have no doubt that with minimal periodic maintenance and respectful pride in ownership this is a potential 100k mile running good bike.
To me the bike as well as the KTM brand in general is somewhat of an anomaly. Kinda reminds me of Apple computers. Cool design and when new state of the art performance but boy do they lose value quick. Like could the bike be worth any less than 3800 even if I put another couple years and 10k miles on it?
You'll never find a bike that can do what a 1290 SDGT can do, for $3800...
Keep it under a cover, until you want to do some serious hauling again someday. I doubt I'll ever sell my SDGT, it's the only bike I have that my wife will ride with me on.