Wow, I wasn't aware. One of the best imhoI think there are some bargains to be had if you go with a KTM, that said they are in serious financial trouble and last I read their future was questionable.
The f900gs would be a serious contender in my books. That’s a nice bike!!Hello: Had a 2017 Africa then a KTM 790 and now a BMW F900GS. At 68 yr young I enjoy riding back roads and forestry roads Which ever you buy you will enjoy just make sure you are dressed for the ride, Helmet, coat etc.
Ktm has a huge following! Here too. Bad thing is they’ve been bankrupt for over 2 years. They filed for protection last year. They will get bought by sombody eventually.I can’t help ya much on the 2 wheel side of things. I have an issue with whiskey throttle. But I know around here I see a ton of KTM’s. Being in central Oregon, there’s always people cruising through on those adventure bikes. I’d say 80% are KTM’s.
You always know the scoop on these matters, hobby or your living?I don't know the latest news, this all happened around January - February. I also never knew KTM had a larger dealer network than Harley Davidson.
However, KTM’s parent company, Pierer Mobility AG, reported significant losses in 2024, with motorcycle sales dropping by 27% and bicycle sales falling by 36%, leading to a net loss of €172 million. The company’s debt grew by almost 90%, exacerbating its financial woes. The overproduction during a period of slowing demand has resulted in a stockpile of unsold motorcycles equivalent to a year of global sales.
In response, KTM has implemented a restructuring plan aimed at reducing costs and improving efficiency. This plan includes layoffs and temporary production halts at its Austrian facilities, affecting around 300 workers. Some production has been relocated to China to cut expenses while maintaining product quality.
The future of KTM remains uncertain, but there are potential scenarios for recovery. If the company secures the necessary investments and successfully restructures, it could stabilize its operations and continue production. However, if KTM fails to secure enough investment or if the restructuring plan is not approved, the company might face further financial difficulties, potentially leading to a complete shutdown or sale of the company2.
Neither. I do however keep up on the news and trends. I'm also the President of our Investment Club so I do a fair amount of research on the market and publicly held companies. Don't be impressed......... it's really just a group of 25 guys that get together monthly to drink and buy stocks as a group and have fun. Here's a stock tip for you, Polaris is trading at $33.01 and pays a 8.12% dividend. It's 52 week high was $90.62 and it's low was $30.92. It may take a little while to come back but there's better than a fair chance you should make good money on them. We just bought another 100 shares of them last night to try to dollar cost average our losses from when we bought them around $80 share. Disclaimer - Remember it's the stock market in a very unpredictable time so anything you do is on you, I could be completely wrong and they could go further south.You always know the scoop on these matters, hobby or your living?