Is KTM in financial trouble?

[Bustaspoke]

This was on YT the other day.

[Skub]

That dude has the right voice for a funeral.

[mangocrazy]

That dude has the right voice for a funeral.

One of the reasons I normally avoid his channel. That and his ill-concealed gloating at KTM's problems. Having said that, the KTM saga is an unfolding clusterfuck and makes me wonder just how long their MotoGP presence will continue. And how will this affect Moto3, where KTM supply more than half the grid (albeit under the guise of badge engineering)?

[Mr. Dazzle]

They're owned by Bajaj auto though, which in turn is part of Bajaj Group, right?

They play the part of a flaghship classic European brand in a big Indian/Multinational firm? They don't need to stand on their own feet in quite the same way.

Maybe

[Horse]

They're owned by Bajaj auto though, which in turn is part of Bajaj Group, right?

They play the part of a flaghship classic European brand in a big Indian/Multinational firm? They don't need to stand on their own feet in quite the same way.

Maybe

Yes No Maybe

Bennett's said, in 2023:

In 2007, Indian automotive giant Bajaj joined forces with KTM, buying a 14.5% stake that it would later extend to 46.5%, owned via its Dutch subsidiary, Bajaj Auto International Holdings BV. In 2021, Bajaj swapped its stake in KTM for a share of Pierer Mobility AG, which now owns 98.2% of KTM.

Wiki says:

In 2021 Bajaj Auto sold 46.5% of KTM's shares to Pierer Mobility AG in exchange for 49% shares in the latter company[25] and thus became an indirect stakeholder in KTM.

[mangocrazy]

They're owned by Bajaj auto though, which in turn is part of Bajaj Group, right?

They play the part of a flaghship classic European brand in a big Indian/Multinational firm? They don't need to stand on their own feet in quite the same way.

Maybe

They're part-owned by Bajaj (i.e. Bajaj have a minority stake) but KTM/Beirer Group have the majority holding.

For now, at least. That could easily change...

[Mr. Dazzle]

Nothing so clear and concise as corporate ownership

[ChrisW]

I believe Pierer specifically structured the Bajaj deal so that they'd not be able to take over KTM itself. Not that I understand how.

[crust]

Has gone into voluntary self administration


https://www.motorcyclenews.com/news/202 ... istration/

[Supermofo]

Yikes

[Le_Fromage_Grande]

Has gone into voluntary self administration


https://www.motorcyclenews.com/news/202 ... istration/

It's not the first time for KTM, probably not the second time either

[ZRX61]

40% drop in share prices yesterday.

[mangocrazy]

The current share price is not far off what it was from 2005 to 2013. It was only from 2016 to 2023 that the share price went seriously inflated. So its current level is indicative of its longer term value.

P.M.AG.JPG (53.11 KiB) Viewed 490 times

[Wossname]

Lalalala…. Can’t hear you….

My SDGT is still ace…..

Don’t want a Hondasakizukihaha.

[mangocrazy]

Lalalala…. Can’t hear you….

My SDGT is still ace…..

Don’t want a Hondasakizukihaha.

I'm still very, very happy with my Duke 690 R, as well. Can't imagine ever selling it.

[ZRX61]

https://www.crash.net/motogp/news/10608 ... -laid-bare

[westers151]

Summary: They gambled and it didn't work out, or in business speak, poor management decisions.

https://www.gpone.com/en/2024/11/30/mot ... e-ktm.html

[Skub]

Positive noises from the big players,time will sift the BS from that.

[Horse]

https://www.autosport.com/motogp/news/k ... /10678782/

KTM's MotoGP bosses have decided to pause the development of its bikes amid the huge financial crisis the Austrian manufacturer is facing, Autosport has learned.

[Dodgy69]

I fear the Snowball, who's gonna buy one at the moment.