this post was submitted on 15 Nov 2024
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KTM Is Doing So Badly, It's Probably Going to Be Sold (www.rideapart.com)
submitted 7 months ago by [email protected] to c/[email protected]
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cross-posted from: https://fedia.io/m/[email protected]/t/1435997

KTM's parent company, Pierer AG, is in deep financial trouble as it blames economic conditions for its failings. But things are so bad, its latest financial release hints its possibly looking to sell a majority stake in the company.

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[–] [email protected] 6 points 7 months ago (1 children)

Expensive bikes, many riders pushing them very hard and poor maintenance is a perfect receipe for failure as a brand.

[–] [email protected] 4 points 7 months ago (1 children)

My coworker maintains his like KTM is blackmailing him. And he still has had issues with the almost brand new bike.

[–] [email protected] 3 points 6 months ago (1 children)

That’s sad

[–] [email protected] 3 points 6 months ago

It is. And I feel bad for him. He's a good dude who's just trying to have fun with what little he makes.