KTM's financial problems are also now starting to cause domino failures with their suppliers https://www.visordown.com/news/foundry-linked-ktm-falls-bankruptcy
KTM goes into administration
- Thread starter Bumble-Bee
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markie_wales
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This is why “we’re just stopping production for 2 months but will start up again - no problem” is naive. Suppliers go bust / move to new customers. Workers see the writing on the wall and get new jobs. I really hope KTM can sort this, but the implications are serious.
Markie
Markie
KTM should just go back to making dirt bikes again
Back to their roots
Back to their roots
The originals owners sold out. Just like WP many years ago. The allure of a bag of cash is strong.
Well it’s all academic now as I tried both an S and an R today and didn’t like the ergonomics
According to local press in Austria big decisions are being made tomorrow to decide the financial future of KTM, financial institutions are wanting a larger stake in the firm for further support , BAJAJ are also promising extra cash , however, a bit left field is BMW's interest in a financial stake .
Locals are worried that the latter may lead to production ceasing at the current Mattighofen factory
Locals are worried that the latter may lead to production ceasing at the current Mattighofen factory
BMWs interest in Rover didn’t do them any good. JJH
Bmw and rover??
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Honda had a thing with rover/triumph
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Yes!
The Rover Group was owned by British Aerospace (BAe) from 1988 to 1994. In 1994, BAe sold the remaining car business of Rover Group plc to the German company BMW. The group was then broken up in 2000, when Ford acquired the Land Rover division, with the Rover and MG marques continuing with the much smaller MG Rover Group until 2005. Ownership of the original Rover Group marques is currently split between BMW (Germany), SAIC(China), and Tata Motors (India), the latter owning the Rover marque itself with its subsidiary Jaguar Land Roverowning much of the assets of the historic Rover company.
Well didn't know that, thank you
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Explained in some detail by Ryan,
Holy moly have they got a mountain to climb
Holy moly have they got a mountain to climb
When you look at a fair few unsold new bikes languishing in a warehouse(s) and they can't now be sold in the EU/UK due to being Euro 5 or whatever.....there should have been a relatively easy £700-1000 million there.
Er, that's what happens when a Canadian speaks authoratively on EU laws, the truth is as they were MANUFACTURED in 2024, they have a years grace to be sold up until the end of 2025, so if you ever kinda fancied a KTM but never quite had the balls to commit, I would advise you go visit your local friendly KTM dealer this coming New Years eve for Sale of the Century - I might see ya there ;-)
Interesting.....not sure how that'll pan out in France ( i don't know the market and here they seem to have some odd laws regarding sales...the other longer resident french types on here may know)
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