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All the fat trimming is good for a month of moto gp spending.. Bring back less expensive off road bikes like the 200 KTM with a carb on it and open cartridge forks.
🤦🏻
There is a saying: "The market can remain irrational longer than you can remain solvent."
I am still laughing at the notion that KTM can be saved by making niche dirt bikes for Americans. We as forum members keep suggesting it, but it is completely ludicrous. They have grown far beyond that, and that's part of their problem. They need to be a global mass market brand to meet their debt obligations, not a niche offroad racebike brand.
They expect to sell 400,000 bikes per year to stay solvent. The entire American dirt bike market, all makes and models, is 100,000 bikes a year.
KTM's best selling models are small bore street bikes manufactured in India and marketed primarily to Asia and Europe. I don't think there is a product mix that gets them out of this, but certainly it would not be centered around anything that a bunch of dudes like Vitards would want.
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I think we are in the phase were music is still playing but everyone is quietly looking for the the chair where to sit when the music stops...
How sweet would it be if all the moto folks from around the world banded together and short squeezed PKTM and then purchased new KTMs with our profits.
I'm just waiting for the 5k 450FE. I'm not sure that's realistic but it will be interesting to see how far they go to clear the dealer pipe line.
Be sure and watch until the end.
Congrats to anyone that made it through that video. I woke up with my face on my desk in a puddle of drool. Have they slowed that guy's voice down, and, if not, is he okay?
By the way I don't know what you are referring to at the end? If it is the subsidiaries he is just wrong. Was there something else I missed?
With Austrian teams under duress, I am surprised nobody has identified the true cause of the downfall.
It is clear as day: the one thread that runs through our sport for decades. The one universal truth.
The ebb and flow of our niche sport leads us to believe that teams struggle for many reasons. It's a tough business, after all. But that is simply cope for those unwilling to recognize the obvious pattern:
I present to you the universal truth of MX: the harbinger of MX eternity, one whose shadow must be cast on a brand before its ultimate demise, but somehow manages to vanish at the scene of the crime. Tremble in fear:
"The insolvency involves KTM AG and its two subsidiaries – KTM Components GmbH and KTM Forschungs und Entwicklungs GmbH. While KTM AG’s filings report €1.8 billion in liabilities, the Alpine Creditors Association (AKV) estimates the combined debt of the three entities at €2.9 billion."
"Austria’s Minister of Labor and Economic Affairs, Martin Kocher, said to ORF: ‘I expect clear answers from KTM on how a favorable earnings situation and good prospects could so quickly lead to restructuring procedures’"
https://motorcyclesports.net/terrifying-ktm-ag-and-subsidiaries-face-e2…
Not every moto folk is a KTM fanboy.
This would create an interesting option for them if it proved successful, they could just step in and dilute and raise cash that way
Talked to dealer today and he stated they were told to expect no rebates on the 25 bikes in Jan or Feb. but we’ll see if that actually holds true. I gotta think in an already slow economic environment with the recent bad look of restructure/bankruptcy (whatever it is) I gotta think they’d need to do something to get bikes moving. As far as a 5k FE, I definitely think that’s a stretch but hey ya never know I guess.
Not unless it falls off the back of the truck.
Interesting comments in this video.....
https://www.youtube.com/watch?v=EcilcpkEzmI
I wasn’t talking about Pierer, just commenting on the Stellantis CEO. It obviously has nothing to do with this scenario.
I didn't think you where. I was just drawing a comparison.
Pit Row
There a parallels, both have been poorly managed in a changing environment.
Yea of course. But neither one is effecting the other. They are in a sense in there own vacuum.
I don’t know the board structure of PMG as current but I bet pierer needs to show some results in 12-18 months to stay on.
That was actually my comparison. He got rid of any board member that could oust him.
Stefan Pierer owns 38% of Pierer Mobility AG, his board seat is safe.
Could the creditors have a voice?
Yeah, I don't think it would happen, but It's fun to think about.
With only 2 board members it’s mathematically guaranteed.
There were 7 board members, staff cuts start at the top!
That is pretty normal for that time of the year. OEM’s like to spend more during Q4 then retract it for Jan/Feb (slow time of the year for most of the US) then ramp back up in March or April.
This is also common in the automobile sector as well. Q1 is always the slowest quarter
They probably don't want to cut '25 prices before they move out most of the '24s, and that seems to be taking a while at some dealers.
Shit how true is that 😂
Trucking is the first key indicator. Hows that going….? She trouble there, best start planning.
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