#ktm

KTM Is $2.3 Billion, Possibly More, In The Hole

( jalopnik.com )

KTM Is $2.3 Billion, Possibly More, In The Hole KTM is in dire financial straits right now. The company is billions of dollars in debt with an expensive race program chewing through funds and hundreds of thousands of unsold bikes piled up without buyers. This is what’s known in the business world as “bad,” but it’s been unclear up to this point just how bad. Now,… Read more…

Jalopnik 754 2025-01-29

KTM Has 265,000 Unsold Bikes Just Sitting Around

( jalopnik.com )

KTM Has 265,000 Unsold Bikes Just Sitting Around Legendary Austrian motorcycle brand KTM is up against the ropes at the moment getting pummeled. It was revealed during the company’s current insolvency hearings that it is sitting on a whole year’s worth of inventory, to the tune of 265,000 unsold motorcycles. In all my years on this big planet I’ve never seen company… Read more…

Jalopnik 1.2k 2024-12-24

Near-Bankrupt KTM Owes $3 Billion, “Pauses” MotoGP Program

( jalopnik.com )

Near-Bankrupt KTM Owes $3 Billion, “Pauses” MotoGP Program Austrian motorcycle giant and maker of the X-Bow sports car KTM is on the verge of bankruptcy and will begin a “self-administration” restructuring process to avoid dissolution. A big part of the company’s big money-saving efforts will see the MotoGP effort on the chopping block. KTM, which also owns motorcycle… Read more…

Jalopnik 977 2024-12-03