KTM Insolvency, the latest & what it means? UPDATES

#ktm #insolvency #motorbike #motorcycle #biker #news #new #uk #usa #europe #asia
With KTM facing bankruptcy, what is the latest? Well here we have up to the day information on where KTM is with it all.
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[terencesingerline]

Thank you for the latest updates on KTM! Merry Christmas

[quacker]

No, it was partly a lack of quality - cam shaft failures because of metallurgy, plastic engine parts that disintegrate and a lack of honoring warranty along with massive borrowing

[mattjacomos]

I bought a Duke 390 (Second Hand) during covid. I always wanted one since they came out and the reports were fine. I found a low km bike that had just sat. I rode it a few times and got to the first service. I checked the valve clearances and they had closed up already. I had to change some shims and when popping out the cams I found the quality of the parts was poor. The cam oiler was particularly finiky and looked like it would get blocked really easy. Fasteners felt real cheesy... I sold it after that service. I don't miss it.

[franklinschneider]

Sold my 2023 S1000XR to a guy embroiled entangled with the local KTM dealership to buy back his 2023 KTM Super Duke 1290. Repeated electrical problems in the first 6 months. I test rode a KTM Super Adventure S. Stunning bike. Bought a 2024 GS. I absolutely cannot be stranded halfway across Montana with a KTM issue that a dealer cannot or will not address. Reliability over performance for me. KTM can’t be trusted here in the 20s

[soggybawsmoto]

Horrible days. I've just been made redundant from employment of 18 years, however, at least I walk away with a decent payout.

It would be worse to be stuck in a job, that you had worked, and not received your pay earned.

That's a sh!t state of affairs. Probably worse than loosing your job

[christianmouraux]

Hopefully KTM will continue to design, manufacture, and sell such great and if they improve their after sales support and warranties, that would be absolutely perfect ! 🤞

[brakenoodle]

I bought a bike (not KTM) for a KTM dealer years ago. When I collected my bike I was chatting over a brew in the workshop. He had several bikes in bits for various work and our discussion shocked me. He quoted parts prices that were huge! At that point I was glad I didn't have a KTM.

[motoxposse]

I have read in the comments and I do believe as well ktm does overcharge for some of their models like their off-road models and in my option have taken advantage of the off-road guys but with that said they do make an awesome off-road bike I hope they do survive as a brand.

[robh]

Whenever a company begins expanding too fast based on past and current successes these kind of problems arise, KTM Austria has been building the best off road bikes for some time now and are the standard by which most others are measured by, expansion always leads to outsourcing of parts which eventually leads to quality control issues, it's running rampant in the automotive industry as the quality of basically all automobiles has dropped significantly in recent years, the practice of rapid expansion in businesses is a concept that is quite destructive and usually ends up completely ignoring the concepts that made a company great in the first place.

[brucerossonthetube]

MV was an upscale brand that recently thought they could extremely upscale the price on the same basic models. A Turismo Veloce was in my future, and suddenly they were 40% more expensive. It was over at that point.

[theislandrider]

CF Moto owning 51% of KTM in China has no meaning. In China a foreign company can only open a local business if a domestic company owns majority stake. So 51% is the bare minimum to satisfy that requirement. Fingers crossed for KTM. I hope it doesn't end up as a chinese phantom brand like benelli and such.

[jpbtls]

Ive never owned a KTM, however I am disappointed that such a strong brand has been brought to its knees in such a publicly humiliating way, whatever the reasons are, I hope they can restructure and regain public confidence...

[aceofspades]

130, 000 unsold bikes.
Soon to be old models.

[PhilipBallGarry]

Montessa (now Honda-owned) could benefit significantly from the loss of KTM off-road machinery? Thanks for the report Mark. And we wish you and your family a very happy Christmas 🎄

[GoPro-TV]

Keep us posted please.. merry Christmas

[Mtthwpez]

If you own a CFMoto built KTM 790 Adventure, or any CFMoto bike with the same parallel twin engine you should be okay, as CFMoto have apparently fixed the engine.

[endurojugHandlebarTank]

I've moved on. Bought a Beta 300 rr. The thing Rocks. 👍

[baccy]

I truly do not understand how such a successful and popular brand could have ended up in such a debt nightmare

[bertuslouw]

It’s the lack of company intervention and acceptance of accountability for teething problems with certain models that speaks volumes of the company’s commitment towards the customer. This is why I rather bought a Honda instead of a KTM even though I liked the KTM more.

[SudeepKS]

Bajaj motors(largest 2 wheeler manufacturer in the world) owns 48% of KTM along with Piere mobility ... I am shocked that no one even knows this !

The listed company PIERER Mobility AG holds approximately 51.7% of the shares of KTM AG; Bajaj Auto International Holdings BV (referred to as Bajaj) holds approximately 48% of the shares of the operating KTM AG.