KTM to file for Bankruptcy/ Self Restructuring on Friday

2/12/2025 6:52am Edited Date/Time 2/12/2025 6:53am
lumpy790 wrote:
KTM Husqvarna and GASGAS are doing fine here at the motorcycle expo 

KTM Husqvarna and GASGAS are doing fine here at the motorcycle expo

 

IMG 4934 1.jpeg?VersionId=r8HaM.n1G

I wonder how many dealers at the show were interested in signing up for a franchise at this point.  I sure wouldn’t have wanted to be the reps there at the booth trying to answer dealer questions.

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Team403
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2/12/2025 6:58am Edited Date/Time 2/12/2025 6:58am

Looks like my local shop is offering OEM finance incentives 

Paul333
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2/12/2025 8:22am

Hint: The sky hasn't fallen yet and isn't going to. 

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GPrider
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2/12/2025 8:41am

just picked up a 24 KTM 500 exc-f with a $1k rebate. Better then nothing. 

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The Shop

Taotech
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2/12/2025 9:10am
I’m quoting this from another motorcycle forum.                         “Looks like there is apossibility of PM coming out clean debt free by the end of April 2025. There are rumors that there is a cash offer on the table from investors to pay the 30 percent all at one time and not take two years to pay the debt. It looks like the creditors would rather take 30 percent now in cash than wait for more money later. They think that if they liquidate the company than the creditors will only get 15%, so we will see”
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MxAddic
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2/12/2025 9:25am Edited Date/Time 2/12/2025 9:27am
Taotech wrote:
I’m quoting this from another motorcycle forum.                         “Looks like there is apossibility of PM...
I’m quoting this from another motorcycle forum.                         “Looks like there is apossibility of PM coming out clean debt free by the end of April 2025. There are rumors that there is a cash offer on the table from investors to pay the 30 percent all at one time and not take two years to pay the debt. It looks like the creditors would rather take 30 percent now in cash than wait for more money later. They think that if they liquidate the company than the creditors will only get 15%, so we will see”

The only person with half a brain that thinks they are only going to get 15% is Pierer.

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Hammer 663s
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2/12/2025 9:27am

I paid $9051 OTD for a 2024 GasGas MC250F FE, but I see a local dealer has them at $10,350. They were selling them at $9200 OTD before Christmas. Not really sure what is going on with pricing but I'm happy with the deal I got.

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Beagle
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2/12/2025 10:33am
Beagle wrote:
Network-wide rebates until April 30th in various European countries.From 700 to 3000€ rebates for pretty much the entire range of 2024 models and/or 2025 models.-1500 €...

Network-wide rebates until April 30th in various European countries.

From 700 to 3000€ rebates for pretty much the entire range of 2024 models and/or 2025 models.

-1500 € for the entire motocross range, -1000€ for enduro range

For instance in some countries 2025 450SXF is now 10 850€.

Deals vary from one country to another and some EU countries do not seem to carry such offers at all, sorry can't upload picture.

https://www.ktm.com/en-lt/powerdeals/Exclusive-KTM-deals-2025.html#moto…

dj78 wrote:
Seems those Power Deals are just for some limited countries like Estonia/Finland KTM 2025 125sx 10350e vs Italy 8490e for just same bike.Anyway -1000e off gets...

Seems those Power Deals are just for some limited countries like Estonia/Finland KTM 2025 125sx 10350e vs Italy 8490e for just same bike.

Anyway -1000e off gets 450 sxf to same level as Honda/Yamaha/Kawasaki list prices are so not really crazy deals but right direction. 

The 5 largest motorcycle markets in Europe (UK, France, Germany, Italy and Spain) are all carrying this KTM operation.

There is some price disparity, 2025 KTM 450 SXF is 11 350 € in Italy (500 € more than Lithuania), indeed that does bring it down to the level of Japanese bikes.

mooch
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Fantasy
2/12/2025 2:44pm
GPrider wrote:

just picked up a 24 KTM 500 exc-f with a $1k rebate. Better then nothing. 

Mind saying what the out the door total ended up being?

 

Radical
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2/12/2025 7:04pm
mxracer816 wrote:
zehn wrote:
To be fair we have no idea how much debt this creditor owns. They are one of thousands of creditors I believe and could be using...

To be fair we have no idea how much debt this creditor owns. They are one of thousands of creditors I believe and could be using this as a strong arm tactic to sow discontent leading up to the final meeting

mxracer816 wrote:
Absolutely, but it definitely paints a picture. If I owed you $100, would you contently settle for $30? Granted you might only get $7 if things...

Absolutely, but it definitely paints a picture. If I owed you $100, would you contently settle for $30? Granted you might only get $7 if things go badly, but the point is you loaned me money and now I refuse to even respond to your attempts to offer a "fair" settlement. I'd say fuck off too if I was the creditor. Wish borrowing money worked like this for the little man....sadly my creditors want all of their money back....

It actually does work that way when an individual defaults.  I believe 30% is a pretty common settlement for unsecured debt.

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mxracer816
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2/12/2025 7:25pm
zehn wrote:
To be fair we have no idea how much debt this creditor owns. They are one of thousands of creditors I believe and could be using...

To be fair we have no idea how much debt this creditor owns. They are one of thousands of creditors I believe and could be using this as a strong arm tactic to sow discontent leading up to the final meeting

mxracer816 wrote:
Absolutely, but it definitely paints a picture. If I owed you $100, would you contently settle for $30? Granted you might only get $7 if things...

Absolutely, but it definitely paints a picture. If I owed you $100, would you contently settle for $30? Granted you might only get $7 if things go badly, but the point is you loaned me money and now I refuse to even respond to your attempts to offer a "fair" settlement. I'd say fuck off too if I was the creditor. Wish borrowing money worked like this for the little man....sadly my creditors want all of their money back....

Radical wrote:

It actually does work that way when an individual defaults.  I believe 30% is a pretty common settlement for unsecured debt.

Awesome, I'm gonna take my 750 credit score and charge up  all my credit....then hope that all my creditors accept 30% of what I owe. Damn I've been dumb. Charge 500k and only owe 150k. Ive been doing this wrong from the get go.....

9
Team403
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2/12/2025 7:45pm Edited Date/Time 2/12/2025 7:46pm

I’m guessing if the key suppliers get fucked out of 70% they will stick it to them going forward - driving the price of the bike up?

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2/12/2025 7:51pm
Team403 wrote:
I’m guessing if the key suppliers get fucked out of 70% they will stick it to them going forward - driving the price of the bike...

I’m guessing if the key suppliers get fucked out of 70% they will stick it to them going forward - driving the price of the bike up?

The same parts can be sourced cheaper through Pierer Mobilities Indian and Chinese partners.

1
Radical
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2/12/2025 7:59pm
mxracer816 wrote:
Absolutely, but it definitely paints a picture. If I owed you $100, would you contently settle for $30? Granted you might only get $7 if things...

Absolutely, but it definitely paints a picture. If I owed you $100, would you contently settle for $30? Granted you might only get $7 if things go badly, but the point is you loaned me money and now I refuse to even respond to your attempts to offer a "fair" settlement. I'd say fuck off too if I was the creditor. Wish borrowing money worked like this for the little man....sadly my creditors want all of their money back....

Radical wrote:

It actually does work that way when an individual defaults.  I believe 30% is a pretty common settlement for unsecured debt.

mxracer816 wrote:
Awesome, I'm gonna take my 750 credit score and charge up  all my credit....then hope that all my creditors accept 30% of what I owe. Damn...

Awesome, I'm gonna take my 750 credit score and charge up  all my credit....then hope that all my creditors accept 30% of what I owe. Damn I've been dumb. Charge 500k and only owe 150k. Ive been doing this wrong from the get go.....

No, you're doing it right.  The creditors take 30% if they believe that's the best they're going to get.  They settle instead of incurring the cost of getting lawyers involved, taking the person or company to court, winning a judgement, and still getting nothing, because the person/company doesn't have it.

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Team403
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2/12/2025 8:53pm
Team403 wrote:
I’m guessing if the key suppliers get fucked out of 70% they will stick it to them going forward - driving the price of the bike...

I’m guessing if the key suppliers get fucked out of 70% they will stick it to them going forward - driving the price of the bike up?

The same parts can be sourced cheaper through Pierer Mobilities Indian and Chinese partners.

And then the premium mystique goes out the window. 

1
2/12/2025 10:19pm
Team403 wrote:
I’m guessing if the key suppliers get fucked out of 70% they will stick it to them going forward - driving the price of the bike...

I’m guessing if the key suppliers get fucked out of 70% they will stick it to them going forward - driving the price of the bike up?

The same parts can be sourced cheaper through Pierer Mobilities Indian and Chinese partners.

Team403 wrote:

And then the premium mystique goes out the window. 

How would you know where the parts are made, only the country of assembly is indicated on the VIN number!

dj78
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2/12/2025 10:56pm
Team403 wrote:
I’m guessing if the key suppliers get fucked out of 70% they will stick it to them going forward - driving the price of the bike...

I’m guessing if the key suppliers get fucked out of 70% they will stick it to them going forward - driving the price of the bike up?

The same parts can be sourced cheaper through Pierer Mobilities Indian and Chinese partners.

New KTM 2-strokes are good example for that they are blowing out crazy. 

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Beagle
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2/13/2025 1:14am
Team403 wrote:
I’m guessing if the key suppliers get fucked out of 70% they will stick it to them going forward - driving the price of the bike...

I’m guessing if the key suppliers get fucked out of 70% they will stick it to them going forward - driving the price of the bike up?

The same parts can be sourced cheaper through Pierer Mobilities Indian and Chinese partners.

dj78 wrote:

New KTM 2-strokes are good example for that they are blowing out crazy. 

100% made in Austria, just like the infamous 790 series which had issues (newer 890 gen now made in China)

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mx317
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2/13/2025 7:59am
Beagle wrote:

100% made in Austria, just like the infamous 790 series which had issues (newer 890 gen now made in China)

I thought I saw where the cylinders were made by CF Moto?

Team403
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2/13/2025 8:28am

The same parts can be sourced cheaper through Pierer Mobilities Indian and Chinese partners.

Team403 wrote:

And then the premium mystique goes out the window. 

How would you know where the parts are made, only the country of assembly is indicated on the VIN number!

Vital has birdies everywhere brah…🤔

Beagle
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2/13/2025 10:12am
mx317 wrote:

I thought I saw where the cylinders were made by CF Moto?

It depends what MY you're thinking about.

"before model year 2023, no KTM machines of any designation were built in China, nor were engines made there and shipped to Austria for assembly."

https://www.advpulse.com/adv-news/ktm-north-america-addresses-camshaft-controversy-china-rumors/

790 production in China started for MY 2023, I seem to remember they've had major issues with it before production was moved to China, not after. I don't really keep tabs on this either, feel free to share if you have more info.

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2/13/2025 10:16am
Beagle wrote:

100% made in Austria, just like the infamous 790 series which had issues (newer 890 gen now made in China)

mx317 wrote:

I thought I saw where the cylinders were made by CF Moto?

If you are referring to the 2T cylinders, some are made by Kymco (not CFMoto), but those are the ones that are holding up. It is a few of the Austrian Elko cylinders that have suffered failures.

1
mx317
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2/13/2025 11:54am
Beagle wrote:

100% made in Austria, just like the infamous 790 series which had issues (newer 890 gen now made in China)

mx317 wrote:

I thought I saw where the cylinders were made by CF Moto?

If you are referring to the 2T cylinders, some are made by Kymco (not CFMoto), but those are the ones that are holding up. It is...

If you are referring to the 2T cylinders, some are made by Kymco (not CFMoto), but those are the ones that are holding up. It is a few of the Austrian Elko cylinders that have suffered failures.

Thanks, I knew I read somewhere they had some made in China. Not a very popular opinion, but not all things coming from China are bad. I remember my dad saying "I wouldn't buy that Japanese junk" and now it's some of the highest quality products. One day China products may have a good reputation. 

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2/13/2025 12:09pm
mx317 wrote:
Thanks, I knew I read somewhere they had some made in China. Not a very popular opinion, but not all things coming from China are bad...

Thanks, I knew I read somewhere they had some made in China. Not a very popular opinion, but not all things coming from China are bad. I remember my dad saying "I wouldn't buy that Japanese junk" and now it's some of the highest quality products. One day China products may have a good reputation. 

Kymco is in Taiwan.

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mx317
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2/13/2025 12:13pm

Kymco is in Taiwan.

People say you can't learn something on Vital! Thanks, I should have known that because when I was still teaching I worked summers at a dealer that sold them.

2/13/2025 3:13pm
mx317 wrote:
Thanks, I knew I read somewhere they had some made in China. Not a very popular opinion, but not all things coming from China are bad...

Thanks, I knew I read somewhere they had some made in China. Not a very popular opinion, but not all things coming from China are bad. I remember my dad saying "I wouldn't buy that Japanese junk" and now it's some of the highest quality products. One day China products may have a good reputation. 

Kymco is in Taiwan.

The CCP say that's China!

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NSP139
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2/13/2025 3:15pm
mx317 wrote:
Thanks, I knew I read somewhere they had some made in China. Not a very popular opinion, but not all things coming from China are bad...

Thanks, I knew I read somewhere they had some made in China. Not a very popular opinion, but not all things coming from China are bad. I remember my dad saying "I wouldn't buy that Japanese junk" and now it's some of the highest quality products. One day China products may have a good reputation. 

Kymco is in Taiwan.

What model years were made by Kymco ?

1911
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2/13/2025 3:19pm
mx317 wrote:
Thanks, I knew I read somewhere they had some made in China. Not a very popular opinion, but not all things coming from China are bad...

Thanks, I knew I read somewhere they had some made in China. Not a very popular opinion, but not all things coming from China are bad. I remember my dad saying "I wouldn't buy that Japanese junk" and now it's some of the highest quality products. One day China products may have a good reputation. 

Kymco is in Taiwan.

The CCP say that's China!

China is incorrect. 

6

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