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Re: Is KTM in financial trouble?
Posted: Tue Dec 03, 2024 10:32 am
by Supermofo
That's Pedro screwed for another season. Will this be his second year of his contract? He's got to be eying a move
Re: Is KTM in financial trouble?
Posted: Tue Dec 03, 2024 10:51 am
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.
Re: Is KTM in financial trouble?
Posted: Tue Dec 03, 2024 11:05 am
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!!
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!!
Re: Is KTM in financial trouble?
Posted: Tue Dec 03, 2024 8:32 pm
by ChrisW
Supermofo wrote: Tue Dec 03, 2024 10:32 am
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/
Re: Is KTM in financial trouble?
Posted: Wed Dec 04, 2024 12:54 pm
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.
Re: Is KTM in financial trouble?
Posted: Thu Dec 05, 2024 7:24 pm
by KungFooBob
The usual end of year KTM sales are on.
they've knocked the vat off them, well 20%.
https://www.ktm.com/en-gb/powerdeals/ge ... o-VAT.html
Re: Is KTM in financial trouble?
Posted: Thu Dec 05, 2024 8:02 pm
by mangocrazy
I'd say that's just a starting point for when the haggling starts. Come the dark days of February when sales have been lacklustre you'll see plenty more taken off.
I'm keeping my powder dry for a Duke 890R.
Re: Is KTM in financial trouble?
Posted: Thu Dec 05, 2024 8:08 pm
by Bustaspoke
mangocrazy wrote: Thu Dec 05, 2024 8:02 pm
I'm keeping my powder dry for a Duke 890R.
Never mind your powder,what about the cams running dry
Re: Is KTM in financial trouble?
Posted: Thu Dec 05, 2024 8:19 pm
by mangocrazy
Bustaspoke wrote: Thu Dec 05, 2024 8:08 pm
mangocrazy wrote: Thu Dec 05, 2024 8:02 pm
I'm keeping my powder dry for a Duke 890R.
Never mind your powder,what about the cams running dry
Good point, well made.
Sooner or later there will be a properly-publicised fix for the 790/890 cam issues, I reckon. It's too much of a running sore on KTM's reputation for them to ignore it. Right now they need all the goodwill they can get...
Re: Is KTM in financial trouble?
Posted: Thu Dec 05, 2024 8:23 pm
by KungFooBob
They need to fix them and then offer a super long warranty period.
Which might pretty a bit useless if they go under in the next 6 months.
Re: Is KTM in financial trouble?
Posted: Thu Dec 05, 2024 8:33 pm
by mangocrazy
Yeah, all bets are off at the moment. What got me was how many 2023 models were in that list...
Re: Is KTM in financial trouble?
Posted: Thu Dec 05, 2024 8:35 pm
by KungFooBob
mangocrazy wrote: Thu Dec 05, 2024 8:33 pm
Yeah, all bets are off at the moment. What got me was how many 2023 models were in that list...
I did have a giggle at the price difference between the 2023 and the 2024 790.
I'm from Yorkshire so I'd deffo go for the 2023 over the 2024 to save ÂŁ15.
Re: Is KTM in financial trouble?
Posted: Thu Dec 05, 2024 8:42 pm
by mangocrazy
They're trying to tread a fine line between offering deals that will shift stock and looking desperate.
Mid-Feb will see desperation, I think, especially as there will be very few 2025 models to sell on.
Re: Is KTM in financial trouble?
Posted: Thu Dec 05, 2024 8:50 pm
by Bustaspoke
This bloke seems to have got to the bottom of the oil starvation issue.
I'm not sure how you'd modify the existing bikes,any ideas?
Re: Is KTM in financial trouble?
Posted: Tue Dec 17, 2024 6:11 pm
by Horse
https://www.crash.net/motogp/news/10616 ... -test-role
Former Grand Prix racer Jeremy McWilliams has reportedly been dropped from his role as a test rider at KTM, a role he’s held for 15 years.
McWilliams, perhaps best known in a Grand Prix context for being the final rider to achieve a pole position in the premier class with a 500cc bike at the 2002 Australian Grand Prix, has been in-post at KTM since 2009.
Re: Is KTM in financial trouble?
Posted: Tue Dec 17, 2024 7:31 pm
by Skub
I wonder what job the old rascal will fall into now.
Re: Is KTM in financial trouble?
Posted: Tue Dec 17, 2024 7:51 pm
by Count Steer
Skub wrote: Tue Dec 17, 2024 7:31 pm
I wonder what job the old rascal will fall into now.
Remake of 'Under the Skin'?
Mind you, he is 60!
Re: Is KTM in financial trouble?
Posted: Tue Dec 17, 2024 8:11 pm
by Skub
Count Steer wrote: Tue Dec 17, 2024 7:51 pm
Skub wrote: Tue Dec 17, 2024 7:31 pm
I wonder what job the old rascal will fall into now.
Remake of 'Under the Skin'?
Mind you, he is 60!
He was a late starter,he reckons there's another 15 years left in him.
Re: Is KTM in financial trouble?
Posted: Tue Dec 17, 2024 8:42 pm
by Bustaspoke
He'll get a gig as development rider for one of those Bagger racing teams in the States,he's been racing them in that MotoAmerica series
https://www.motoamerica.com/former-moto ... e-baggers/
Re: Is KTM in financial trouble?
Posted: Thu Dec 19, 2024 4:38 pm
by Skub
It gets worser and worser.
