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Ktm Going Boobs Up ?

Discussion in 'Other Bikes' started by Kevin Tallant, Nov 26, 2024.

  1. Think it was M&P email yesterday with some decent discounts
     
  2. I see KTM’s CEO has been fired, and I’m glad, I think that the shareholders and investors needs to see that the guy who walked them into the mess they are in is gone. I realise there was a board, but he’s at the helm and this is a mess he knew was coming for a long time
     
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  3. Hopefully the next guy can turn KTMs fortunes around
     
  4. I doubt very much that it will all "come out in the wash", but I would particularly like to know how much of a part the cylinder head lubrication problem had a say in their downfall, and if it did, why the hell didn't they jump on it more quickly, as apparently the earlier, very similar design version was okay? if we knew behind the scenes at a lot of the major manufacturers, I get the feeling that many of them are hanging on by their fingernails right now, it's just that we don't know yet.
     
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  5. I think they are, if you read/listen to the reports around Nissan for example they are in really quite a terrible state with months to survive! They are looking to partner with Honda who are also struggling, can you believe it, Honda struggling.

    one for another Thread but I’m convinced that the Japanese have simply just not moved with the times, the Europeans have upped the reliability and always had the nice interiors and design, the japs haven’t improved in that regards and it’s cost them. Same with bikes, they are just getting left desperately behind.

    im starting to think that KTM’s issue is only partly the slow down in sales, and mostly poor pricing strategy, poor manufacturing supply/demand balance and then terrible after sales treatment of customers.
     
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  6. that old advert has just popped into my head - "the future's bright, the future's (not) orange" - a great shame.
     
  7. I loved my 890R and it had no issues, but, I knew the cylinder head problem was due to hit the press so got rid. List nothing on it.
    A week later the issue was in Mcn and the value plummeted and dealers are very wary of them. A lot won’t even take one in.
    The massive discounting put a lot of people off as well. Pay£18k for a bike then next month it’s £14k. Plus as already mentioned dealers had to take any stock KTM sent to them whether they wanted the bikes or not. That’s why my local dealer at the time got rid.
    I don’t know where KTM go to from here. If you can buy a £17k+ bike for less than £12k what’s is it worth as soon as you ride out the door. If KTM cannot sell bikes then they are doomed.

    As for Nissan my son worked there until last month and he knew that Honda and Mitsubishi were rumoured to be joining forces. It’s all to do with this electric car shite and the ‘fines’ they would be charged on every car they don’t produce under the governments target.
    Absolutely pathetic.
     
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  8. And orange paint.
     
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  9. Pieter resigning as CEO appears a tactical move, nothing else. The new one was his Co CEO employed by him. They're just swapping roles so Pierer is still there still on the board.
     
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  10. I doubt it, but this is probably best outcome for MV brand. Pretty sure other parts of ktm with sold off/asset stripped before this saga is over.
     
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  11. I keep seeing adverts now for significant reductions off 2025 models - same bike as the 24 but being offered with 15% or so discount. It really does smack of desperation to shift stock, but I suppose beggars can’t be choosers.
     
  12. The bikes need to be half price, unless they have a meaningful warranty and back up.
     
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  13. id be interested to see what the finance options are on them, I imagine the GFV is super super low on them because they finance company won’t take any chances on having 3 year old bikes worth very little. At a guess I’d say 10% APR for deals with 10% deposit, and pretty high monthly’s.

    tbh looking back, my speed triple is in a similar stance, the GFV is high but the interest was really high (I shouldn’t have got it) but just didn’t think about it enough
     
  14. I don’t believe KTM will disappear entirely, they’re too big a manufacturer, too important for jobs etc in Austria, they’ll survive as a brand, albeit in a different format. Never forget Bajaj and CfMoto, their 2 manufacturing partners, have deep pockets and a much much lower manufacturing cost base.
     
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  15. Some interesting insight here…

    greenwashing is absolute cancer for an organisation but it starts with the attitude at the top!

     
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  16. IMG_1202.png This took nearly three months to get sorted. That was before the news of being bankrupt.
     
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