Apparently the problems aren’t over. Copied from a news clip.
KTM faces a historic collapse as Pierer Mobility AG filed for insolvency in Austria, weighed down by debts of up to €2.2 billion and more than 180,000 unsold motorcycles. New CEO Gottfried Neumeister admitted chaotic inventory management, while Rajiv Bajaj, CEO of Bajaj Auto, has already injected €600 million to save the brand. Bajaj bluntly declared that European production is no longer viable, pointing to Triumph’s move to Thailand as a model.
A
as I have said before they will be an Indian/Chinese manufacturer trying to sell there bikes as a premium product.
I watched a couple of reports on the new 390 Adventure. Fuelling and cutting out is a major issue.
Nathan the postman said it’s not fit for purpose.
KTM faces a historic collapse as Pierer Mobility AG filed for insolvency in Austria, weighed down by debts of up to €2.2 billion and more than 180,000 unsold motorcycles. New CEO Gottfried Neumeister admitted chaotic inventory management, while Rajiv Bajaj, CEO of Bajaj Auto, has already injected €600 million to save the brand. Bajaj bluntly declared that European production is no longer viable, pointing to Triumph’s move to Thailand as a model.
A
as I have said before they will be an Indian/Chinese manufacturer trying to sell there bikes as a premium product.
I watched a couple of reports on the new 390 Adventure. Fuelling and cutting out is a major issue.
Nathan the postman said it’s not fit for purpose.
