Is KTM in financial trouble?

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Supermofo
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Re: Is KTM in financial trouble?

Post by Supermofo »

Dodgy69 wrote: Tue Dec 03, 2024 6:57 am I fear the Snowball, who's gonna buy one at the moment. 🤷🏻‍♂️
It's got to be a factor. There's talk of there being 100k unsold bikes, but it must play on your mind buying a KTM at the moment that your warranty/dealer might be gone in months or your deposit gets swallowed by receivers etc.
Supermofo
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Re: Is KTM in financial trouble?

Post by Supermofo »

Horse wrote: Mon Dec 02, 2024 9:06 pm 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.
That's Pedro screwed for another season. Will this be his second year of his contract? He's got to be eying a move
crust
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Re: Is KTM in financial trouble?

Post by crust »

They've got 100,000 unsold bikes.

Tata own 49%, so I reckon either Tata will buy the remaining stock or Red Bull/other Austrian entity will bail them out and there'll be a flood of cheap KTMs soon.

They're already doing the end of year 20% off sale, more to come.
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Noggin
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Re: Is KTM in financial trouble?

Post by Noggin »

Dodgy69 wrote: Tue Dec 03, 2024 6:57 am I fear the Snowball, who's gonna buy one at the moment. 🤷🏻‍♂️
TBH, I would still buy the only new KTM I'd be likely to buy (390 Duke). But then it's cheap!! :lol: :lol: Comparatively!!

Of course, if they 'SERIOUSLY' discount the RC8r for any reason, then sure I'd get one of those!!

But then, I have a more fatalistic attitude to bikes and I do try and find a local place for servicing (in the uk they were generally better/more reliable than the main dealers.

Having said that, I've only ever bought one new bike and that got nicked. Sooooooo - what do I know!! :lol:
Life is for living. Buy the shoes. Eat the cake. Ride the bikes. Just, ride the bikes!! :bblonde:
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ChrisW
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Re: Is KTM in financial trouble?

Post by ChrisW »

Supermofo wrote: Tue Dec 03, 2024 10:32 am
Horse wrote: Mon Dec 02, 2024 9:06 pm 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.
That's Pedro screwed for another season. Will this be his second year of his contract? He's got to be eying a move
They're properly Bajaj'd if they stop racing. Maybe some of this is true:
Beirer wrote:Right now, it seems like the expected cuts won’t have an impact on KTM's main MotoGP racing programme, however, with head of racing Pit Beirer telling Austrian newspaper Kronen Zeitung last week that next season is already budgeted for - but admitting that there might be issues ahead as the series prepares for a radical redesign in 2027.

“Fortunately, the bike for the next season is ready and waiting in the workshop,” he said. “The start of the 2025 season is organised and MotoGP has stopped engine development for 2026, which helps us immensely in the current situation.

“In technical terms, the motorcycles will no longer make any major leaps and in 2027 the plan is to make some changes, for example to ride-height devices or aerodynamics. The new 850cc engines are also coming.

“At some point, however, we will have to start building these new motorcycles. And until it is clear how we are going to proceed, these plans are currently on hold.”
https://www.the-race.com/motogp/ktm-cri ... er-threat/
Tomcat
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Re: Is KTM in financial trouble?

Post by Tomcat »

crust wrote: Tue Dec 03, 2024 10:51 am They've got 100,000 unsold bikes.

Tata own 49%, so I reckon either Tata will buy the remaining stock or Red Bull/other Austrian entity will bail them out and there'll be a flood of cheap KTMs soon.

They're already doing the end of year 20% off sale, more to come.
Pretty much on the money I'd say. Classic business turnaround strategy - sell whatever stock you can, cut back on unnecessary expenditure, resize manufacturing to the expected future sales volume. MotoGP has got to be unnecessary at this point, unless they have a contract with huge penalties (quite possible). But margins on individual bikes are high, they can afford to come down a lot on the price and still make a contribution. The administration process will protect them from creditors and the chances are they'll be snapped up by a big player in the medium term. It's too much of an established brand with too many assets for investors to ignore.