KTM Are About to Go Bankrupt - Here's the Full Story

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Kwackajack

Kwackajack

Күн бұрын

Пікірлер: 358
@yammt3148
@yammt3148 2 күн бұрын
I'm just gonna say it; any manufacturer that switches off your bike's hardware AFTER you've already bought the bike deserves to fail. So long, KTM. You brought this on yourselves.
@johnstafford8405
@johnstafford8405 2 күн бұрын
Yes you are correct ,over priced and engineering wise a doomed company.
@alexgian9313
@alexgian9313 2 күн бұрын
I luurve KTMs, but I have to agree with you (sadly). Any manufacturer that uses electronic advancements as a means of financial blackmail needs to be sent packing. Fæck that, that is just wrong. Shame that the great bike tech has to sink with that, but you got to draw the line somewhere. Hope it serves as a warning to others with similar ideas.
@thorstentrapp274
@thorstentrapp274 2 күн бұрын
What a load of BS. Not that you even get such good electronics anywhere else, you 100% have to pay for inferior electronics elsewhere too.
@maxflight777
@maxflight777 Күн бұрын
Yammt 🤡
@mark675
@mark675 Күн бұрын
do you even understand what you are talking about??
@WayneWalker-n5t
@WayneWalker-n5t 2 күн бұрын
I've owned 4 KTMs in the past decade, but the purchase price, obscene cost of ownership and recent serious quality issues have driven me away. This once premium motorcycle brand has been devalued. In my opinion the damage is done, the situation is dire and there's no way back from here.
@glennmorrissey2529
@glennmorrissey2529 Күн бұрын
Good on you Wayne for stating fact. I bought a CF Moto 450 MT and pick it up some time in December, took a test ride and it appeared to be a capable motorcycle. Everyone is shitcanning my comment but it comes down to the actual on road cost and it's hard to beat.
@joeschmoe1301
@joeschmoe1301 2 күн бұрын
High prices,poor quality will bite you EVERY TIME!!!
@paulnorman8274
@paulnorman8274 Күн бұрын
Their prices have not been high. They've always offered "more"; at least on paper; for the money than Euro rivals Ducati and BMW. While pushing the limits more than the more conservative Big4. My issue with them, and I don't think I'm that weird, is that they seem to have believed that street bike buyers are AS willing to put up with little niggles in exchange for saving a few grams or increasing "performance" a little bit, as dirt bikers tend to be. I don't think that's the case: In the dirt, even tiny amounts of added weight becomes immediately detrimental. To the point where riders are willing to put up with more maintenance and a higher risk of having to fix stuff, to avoid some grams. On the street, unless one is racing, it's not THAT big a deal. While being stuck in the shop, to most people IS a big deal. They're a big company now, though. With a very well defined brand, iconic models and the technology and staff to design and deliver very high performance bikes at competitive prices. In the dirt, they're dominant. There's plenty value there for someone to enable them to continue, even if they may have to shrink a little during some restructurings.
@perfectlynormal5729
@perfectlynormal5729 2 күн бұрын
Charging premium prices for bikes with known reliability issues, and then refusing warranty claims for those issues, leaves a bad taste in the mouths of buyers. They'd have to REALLY turn things around before there will be another KTM in my garage. I don't faith in the brand right now.
@john7912h
@john7912h Күн бұрын
Ktm Bought a 1290 sas 2023 , never going to buy KTM ever again, abs pump issue causing panic brake randomly, started to have coolant lost 250ml in 4 days and counting , paint peeling everywhere on the clutch bracket and reservoir , battery drain issue , between 50-80km the steering will wobble uncontrollably , if you let go and will also go right instead of straight. There was also a chemical / electrical smell when starting in the garage , the wireless key even in the bike compartment kept being out of range . KTM dealer said everything was "normal" . The adaptive cruise control took them a month to fix . I traded it and never looking back , lost thousands but that was better then keeping it. Dangerous bike. Believe everything you see in forums about KTM , it’s not exaggerated. Extremely unreliable!
@simongilbert2704
@simongilbert2704 3 күн бұрын
to big , they have been forcing bikes on their dealers for years , forcing many to close - now it's come back to bite them ;; i am an owner ;
@maxflight777
@maxflight777 Күн бұрын
Idiot ⬆️
@treystone1993
@treystone1993 3 күн бұрын
Really hope they can get back to doing well. They always brought something interesting to the table. Unique to say the least, and sometimes even amazing.
@Kwackajack
@Kwackajack 3 күн бұрын
I’m with you. We need MORE diversity in the market, I respect them being a bit different and hope they can turn it around
@leanit5756
@leanit5756 2 күн бұрын
Hear, hear. The only motorcycle brand that I find exciting.... constantly bringing out better performing product, with the features I want.
@aluisious
@aluisious 2 күн бұрын
@@leanit5756 Nothing like electronics they're not willing to cover with the warranty to get your blood pumping. That was the case in the USA up until just a couple years ago.
@johnmartin7158
@johnmartin7158 2 күн бұрын
I also hope they can make it thru the next 90 days. 790r is such an all round bike.
@dennisvillacorte4122
@dennisvillacorte4122 2 күн бұрын
Better not
@KeithFlint350
@KeithFlint350 3 күн бұрын
The restructuring process is meant to make things better, not to close the business. Cheer up. They won't go bust
@ChrisSauer-oe5ve
@ChrisSauer-oe5ve 2 күн бұрын
Maybe
@ori2425
@ori2425 2 күн бұрын
Just delaying it. They will sell, and hope they can work back up, but I don't ever remember this happening. Maybe the new Norton
@lassikinnunen
@lassikinnunen 9 сағат бұрын
Its a defense and delay mechanism. They'll need to secure funding, while someone who wants the assets could wait to get them without the debt.
@iridium8341
@iridium8341 7 сағат бұрын
LOL
@HaidsK2
@HaidsK2 3 күн бұрын
Interesting times ahead for KTM
@Kwackajack
@Kwackajack 3 күн бұрын
We’ll see if they can pull through. I definitely think we’ll still see the brand around, one way or another
@ShahryarSaigol
@ShahryarSaigol Күн бұрын
Any bike maker that doesnt make everyday commuter bikes is destined to fail. Today KTM, tomorrow Harley and BMW. The weekend rider pool is shrinking.
@donbrashsux
@donbrashsux Күн бұрын
I’d agree
@gss6531
@gss6531 8 сағат бұрын
Royal Enfield seems to be hitting that market just about right IMO and will continue to grow.
@ralphwarom2514
@ralphwarom2514 3 күн бұрын
I hope they come back. But please remove the whole TECH - PACK thing. Sell a fully functioning bike honestly.
@sandhuaditya4855
@sandhuaditya4855 2 күн бұрын
I hope they don't come back.
@TheWuLFX
@TheWuLFX 2 күн бұрын
^ this: tech / feature piece meal removal , x's 1000
@VAMPS000
@VAMPS000 2 күн бұрын
@@sandhuaditya4855that’s just sad
@sabref4i290
@sabref4i290 2 күн бұрын
I hear you I just bought a 2023 KTM super Duke R Evo I was fortunate because the dealership cut me a deal on the tech back but now I'm kind of nervous. I hope parts and service doesn't fall behind.
@DaveBoothroyd-ej5in
@DaveBoothroyd-ej5in 22 сағат бұрын
Fully functioning? That's a bit of tall order for KTM.
@Hisway1151
@Hisway1151 2 күн бұрын
Much more is coming on this disaster. Save your money for a solid brand.
@Trail_Trash
@Trail_Trash 2 күн бұрын
I see and hear people talk about poor quality but I'm on my second KTM dirt bike and both have been bullet proof, I just returned from our local CA dealer to buy my 3rd but they were sold out of 300 xc and xc-w's that I went in for, albeit they were selling slow and had put leftover 24 models on sale and pretty much cleared the inventory. I went in a week to late apparently.
@slakk5093
@slakk5093 17 сағат бұрын
They make solid enduro bikes, but the big expensive models are notoriously unreliable
@airgunbubba2505
@airgunbubba2505 2 күн бұрын
You mentioned things beyond KTMs control: Interest rates, longer lead times, manufacturing issues...only interest rates are beyond their control, all the rest are fixed by LEAN principles. Love the video but to say manufacturing issues aren't their problem is a denial that they have a RESPONSIBILITY to have proper production methods. Or you could just throw them in with the cheap ebay chinese motorbike specials that have zero quality control or manufacturing standards.
@GregMacDougall-m3n
@GregMacDougall-m3n 3 күн бұрын
Thank you for covering such a dynamic story, good journalism. Stay with the motorcycles who have a good long-term reputation, particularly HONDA. Buy the best and you'll never regret it.
@TubedTalk
@TubedTalk 3 күн бұрын
This makes no sense, since if all would buy Honda, we would have just one manufacturer and crapy bikes because of no competition. KTM is biggest European manufacturer, so it is a bit strange to think that they do not have a good long-term reputation. I hope for all of us that are driving motorcycles that KTM will get back stronger than before. They did bring something different to the table and hopefully they will continue to give us great bikes.
@Kwackajack
@Kwackajack 3 күн бұрын
Glad you enjoyed :) I hope they can turn things around, I think the market has space for some crazy orange Austrians
@ryno9100
@ryno9100 2 күн бұрын
When Honda makes something as exciting to ride as my 890SMT has been, I'll consider it... Until then, I'm going to hope KTM can turn it around.
@theresejames8826
@theresejames8826 2 күн бұрын
You said Honda. I was thinking Yamaha.😅
@GregMacDougall-m3n
@GregMacDougall-m3n 2 күн бұрын
Yamaha is preferred and loved my many, but Honda is known for reliability and excellent fuel economy; things I prefer.
@bluemarkthomas
@bluemarkthomas Күн бұрын
A big problem is the dealers. A dealer in my area has a 2023 exc 350 in show room. They said they would sell at cost and quoted me $12000.00. That is nuts for a three year old model that's left over. For perspective, I bought a 2019 superduke r in 2020 for $15,300 out the door.
@stupidmoto
@stupidmoto 2 сағат бұрын
Definitely find a different dealer. I’ve seen 3-4k off 2023 and 2024 bikes. I just picked up a 2023 Freeride E-XC for 6k under MSRP.
@MrTench8
@MrTench8 2 күн бұрын
I have owned 3 KTM's, a used LC2, a new 620 Duke series 1 4th edition and a new 950 adventure, all where amazing! Would i buy another, no, the mechanical issues of late and the reluctance of KTM to repair under warrantee has ruled them out for me.
@htssoutboardsboatstrains9784
@htssoutboardsboatstrains9784 Күн бұрын
They need to get back to their roots. Solid off road focused dirt bikes. Win races, participate & sell into the same market place. As far as the cyber side, I see a similar thing with Husqvarna the Chainsaw manufacturers. They came up with "Autotune" a way to control fuel mixture and a small interface to the folks servicing those saws ( CST ). AND they blew it, locked it up so only dealers could get the benefits along with some bad components ( bottom end bearings from SKF that prematurely fail ) just pissed off their customer base. Along with a dealer policy that has lost them entire regions, looks like they are going to follow KTM into a lawn dart configuration
@ausforce1
@ausforce1 2 күн бұрын
Disrespect and take advantage of your customers and find out...KTM found out 😂
@JasonMarshall-mq2bu
@JasonMarshall-mq2bu 2 күн бұрын
Spread themselves too thin buying up Husqvarna, Husaberg, gasgas, that were all competitors to their own bikes.
@nickclarkuk
@nickclarkuk 2 күн бұрын
I hope they can survive, their MX and enduro bikes are the best out there. I bought a Husky FC350 in 2017 and loved it. They expanded too quickly in road bikes and didn't focus enough on quality.
@DCSPEED23
@DCSPEED23 37 минут бұрын
I see the mistakes ktm has made. But more than that I see the one manufacturer who invests more than any other into every form of racing and does more to support the spirt we love than anyone. They are driven by passion and I respect that. I will do everything thing I can to support who supports me and what I love. I will continue to ride my 350 off road and will be in the market for the superbike
@T3-RIDER
@T3-RIDER 2 күн бұрын
A slight issue i have is motorcycle youtubers claiming ktms are brilliant, you test ride for a week and have no idea about long term ussage!
@crashdsnowman1
@crashdsnowman1 2 күн бұрын
I still have a 2015 SX and it still outruns 95% of the people at the track.
@ktmarty1
@ktmarty1 Күн бұрын
@@crashdsnowman1I have 2023 250SX that shit itself after 10 hours due to crank seal that didn’t mate with crankshaft correctly . Fkn POS
@crashdsnowman1
@crashdsnowman1 Күн бұрын
@@ktmarty1 Over the years I have had 7 or 8 CR250s that blew he seals on the right side of the crank several times each. Pull the cover reseat the seal and back in business in less than an hour. Honda stopped making 2 strokes in 2001 at least the 500s, after I wore that one out I swapped to KTM and am happy to get lighter, faster bikes.
@Stealth400
@Stealth400 12 сағат бұрын
I've purchased three KTM's and still have two of them. All three have been incredibly fun to ride! The first was a 390 Duke that needed a couple repairs; a leaking thermostat housing, and an over torqued plate that holds the fuel pump causing a leak from the bottom of the tank. Easy fixes on a little bike that bigger bikes couldn't touch on mountain roads. The other two are 890's; a Duke R and an Adventure. No issues with the duke, and a few goofy glitches on the adventure that only required turning off the bike and restarting again. Both are really fun to ride!!
@cameronmale83
@cameronmale83 2 күн бұрын
Inability to manage repair claims and building faulty products... That's what will burn customers to never repeat buy your bikes.
@alm4132
@alm4132 2 күн бұрын
Cancelled my purchase last week...... Can't promise to fix the cam problems. Bye!!
@riccicrozzie8204
@riccicrozzie8204 Күн бұрын
The pricing of KTM spares is off the planet.
@CW4PWR
@CW4PWR 3 күн бұрын
I was a big KTM fanboy until they came out with the SUBSCRIPTION for rider modes. Modes that were already installed on the bike! The idea pissed me off, and I dropped the brand entirely. I am, however, enjoying my Berlin-built BMW with all of its rider aids included.
@fearme46
@fearme46 2 күн бұрын
It’s not a subscription, it’s just some extra features you pay for. Should they already be in the bike and just charged for at the start? Absolutely. I don’t know where this subscription myth comes from…
@CW4PWR
@CW4PWR 2 күн бұрын
@@fearme46 @fearme46 @fearme46 @fearme46 You are correct, it's not an annual subscription, it's a one-time Pay-To-Play scheme. Quickshifter $250, Cruise Control $200, Rally Mode $250, Tech Package $500. I don't want to have anything to do with that arrangement. Imagine being somewhere where you really need Rally Mode when it kicks off. As consumers, we should kill this idea of letting the manufacturers control the bikes that we are trusting our lives on. The camel’s nose is under the tent.
@fearme46
@fearme46 2 күн бұрын
@ you still don’t seem to understand how it works 😂 you just upload the software of your choosing and then it’s on there forever, same as any other bike. They don’t control anything. If you want an analog bike with no electronics then you pay the base price, if you want them all you pay a bit extra for the tech pack. It’s not that deep.
@garnet4846
@garnet4846 2 күн бұрын
​@@fearme46so go buy a bunch and save this crap brand.
@fearme46
@fearme46 Күн бұрын
@@garnet4846 I have a 24 Superduke, I’m not just a keyboard warrior complaining about bikes I’ll never be able to afford.
@marcel13091975
@marcel13091975 23 сағат бұрын
I'm no biker, but I noticed a few years ago that the poor man's commute has become the rich man's toy, and proper motorcycles are mostly unnaffordable to the lower income class. The problem with this from my small business point of view, is that there will not always be rich people, but there will always be poor people, and rich people tend to get bored with toys very quickly. This is probably not the reason KTM suffers, but they sure are very expensive in my country compared to the japanese bikes.
@jerrylagesse9046
@jerrylagesse9046 3 күн бұрын
Thirty million a year to field a motogp team
@saynotothegreatreset
@saynotothegreatreset 2 күн бұрын
If they drop of moto gp, that will save them lots of money, ktm are acting like politicians
@ralphcantrell3214
@ralphcantrell3214 23 сағат бұрын
KTM should have just stuck with their bread and butter - 690cc and down dirt bikes and dual sports. Our local KTM dealer had to go out of business about 5 years ago because KTM insisted on their stocking all sorts of brutally expensive, extra-large displacement adventure and road bikes that he couldn't sell nor afford to keep.
@ColdWarVeteran-r2j
@ColdWarVeteran-r2j 18 сағат бұрын
When you treat your customers like crap this is what happens. Covid has nothing to do with this. The camshaft issue is what caused this.
@sabref4i290
@sabref4i290 2 күн бұрын
So I just bought a brand new KTM 1290 R Evo super Duke. I was lucky the dealership gave me a deal on the tech pack but now I'm worried about parts and service because of what's going on.
@lindaparker3140
@lindaparker3140 3 күн бұрын
Almost bought a KTM but had a weird feeling about the dealership...so bought a Yamaha WR250. Just saying...go with your instinct.
@maxflight777
@maxflight777 Күн бұрын
cardigan man ⬆️
@rlovell383
@rlovell383 Күн бұрын
the WR is a better bike anyhow...
@nkwd007
@nkwd007 22 сағат бұрын
Honestly, I have had similar experience. I almost got the 890 Adventure, but... I saw one of them in the dealership brand new and there were mechanics working on it?? Part of the engine was disassembled? The atmosphere in the shop was strange, it didn't feel right. That was 1 month ago. Good that I didn't get it. Lets see what happens after the winter.. The bikes over all are too expensive I think. Royal Enfield is doing just fine, even great.
@sikador8627
@sikador8627 2 күн бұрын
Poor quality and availability of parts and high prices - this is the problem. When it comes to Japanese motorcycles, even 20 years old can be easily repaired due to the availability of parts. When it comes to KTM, there is a problem with several year old motorcycles. I hope that KTM will think about it and will not make similar mistakes in the future because they can make great motorcycles.
@pw3591
@pw3591 2 күн бұрын
Absolutely your paying a premium price for a less reliable product. Jap bikes may lack a bit of character, but they are much better value for money, and super reliable.
@Daniel_morfogeno
@Daniel_morfogeno Күн бұрын
That is all we hear from KTM in Brazil. Nobody buys them here
@TassieLorenzo
@TassieLorenzo 12 сағат бұрын
"When it comes to Japanese motorcycles, even 20 years old can be easily repaired due to the availability of parts" To be fair, it's not they make all that many parts -- it's that they hardly sell any of the parts since people don't need them much, so they still have new old stock parts for decades! Eventually they run out and parts are NLA for 30+ year old bikes all the same. 🙁 Obviously they use a lot of commonality, so they might have a part in stock for your 1984, but if it's a rare model specific part it may very well be unavailable.
@kevincorbeil-wj7hw
@kevincorbeil-wj7hw Күн бұрын
Owned a couple the biggest POS I ever owned, yes there powerful handle nice. But it stranded me too many times nothing worse than leaving your bike in the woods and walking miles in your riding gear! Went back to a Honda
@glennmorrissey2529
@glennmorrissey2529 2 күн бұрын
Aussie here, have just bought a CF Moto 450 MT with some accessories and on the road for $9800.00 Aussie. The big manufacturers need to compete with this bike to bring people back to the market. No people buying, no market.
@itszyzzbrah4469
@itszyzzbrah4469 2 күн бұрын
CF is chinese crap, nowhere near as reliable as a yamaha or honda
@peteh8077
@peteh8077 2 күн бұрын
9800 for a a CFmoto???? hahahahaha
@thevtadventure1062
@thevtadventure1062 Күн бұрын
10k for a Chinese 450!? 🤯
@motolab.EuropeanMotorcycles
@motolab.EuropeanMotorcycles Күн бұрын
@@thevtadventure1062aussie$ are not us$ …. 9800aus $ = 6370 us$
@Daniel_morfogeno
@Daniel_morfogeno Күн бұрын
​@@itszyzzbrah4469 more reliable than KTM. Ironically, they share parts
@Frankiey88
@Frankiey88 3 күн бұрын
Really great and concise video with some history too. I want more like this!
@AndyPat239
@AndyPat239 2 күн бұрын
I feel sorry for their suppliers. Are they getting paid on time? It could really hurt lots of them if KTM can't pay their bills.
@796andy2
@796andy2 Күн бұрын
'23 smcr690 , 4500k miles . zero problems , stupid fun !!
@TassieLorenzo
@TassieLorenzo 12 сағат бұрын
4.5 million miles is a good run! /s 😄
@PRSer
@PRSer 3 күн бұрын
KTM has these weird assumptions that they're on the same level as MV Agusta or Ducati. Somewhere in their top executives heads, this idea keeps knocking on their heads. They're not, in my opinion. They're pushing out these expensive high-end models most people can't really afford. If they fixed their QC and production issues, I think they would be doing better. I LOVE KTM but I can't stomach some of the prices they're putting on their bikes.
@fearme46
@fearme46 2 күн бұрын
KTM literally owns the controlling share in MV Agusta, what are you talking about?😂
@PRSer
@PRSer 2 күн бұрын
@fearme46 Volkswagen owns Lamborghini but that doesn't mean it's own cars carry the same prestige as Lambo. KTM having a control share of MV doesn't mean they should be charging MV prices for their KTM bikes.
@fearme46
@fearme46 2 күн бұрын
@ go look at MV prices compared to KTM prices, then come back and say how wrong you were.
@Haydsden
@Haydsden 2 күн бұрын
Great moto-journalism. Keep it up kid
@dowithheart
@dowithheart 23 сағат бұрын
Not surprised! Build with a better quality next time😢
@73jacksoo
@73jacksoo 2 күн бұрын
Pay extra to 'Unlock' features already built into bikes? Hope next in line is Ducati
@NoTengoIlusiones
@NoTengoIlusiones 2 күн бұрын
That's why I go with Japanese ❤
@survivaldirtbikesllc5710
@survivaldirtbikesllc5710 2 күн бұрын
Just bought a '25 Honda CRF450RX. Amazing machine. Typical Honda lower finish quality as far as aesthetics go. For example the welds aren't the prettiest and the triple clamps aren't cool looking machined parts. But Honda's are more robust than any European bikes. Compare a CRF subframe to any KTM dirt bike. I am not a brand guy at all. But after working for 25 years as a powersports mechanic on all brands, I'm sticking with Japanese brands and especially Honda.
@AgricUltra
@AgricUltra 2 күн бұрын
Their first mistake was not sponsoring Ewan and Charlie, which MADE the GS. They had first dibs too.
@fontana6394
@fontana6394 Күн бұрын
I doubt they could afford it at the time
@busterrabbit
@busterrabbit 2 күн бұрын
Mr Pierer will be OK. He has significant personal wealth. This situation could have been predicted back in 2022 or even earlier. Just this year KTM bought 50.1% of MV Agusta, a company that has been a money pit since the late 1960's! Continually buying other manufacturers and producing the same bikes with different paint schemes and brand names defies logic as well as business logic. Now that CF Moto (and Bajaj) can produce effectively KTM's at a much lower price, and not in bright orange, why would you buy a KTM? Add in the KTM reliability issues with camshafts and poor customer service and KTM has lost sight of how fragile the motorcycle market is, certainly in Europe.
@glennmorrissey2529
@glennmorrissey2529 2 күн бұрын
Spot on Buster.
@maxflight777
@maxflight777 Күн бұрын
A CF Motos is fair value for money, but own one and you will see it’s no KTM competitor.
@StuDawesspare
@StuDawesspare 3 күн бұрын
Someone will buy them out.
@auntjanet2346
@auntjanet2346 2 күн бұрын
India
@ChopperChad
@ChopperChad 2 күн бұрын
CFMoto maybe
@dennisvillacorte4122
@dennisvillacorte4122 2 күн бұрын
Royal Enfield😅😅😅
@garnet4846
@garnet4846 2 күн бұрын
All 3 could build better bikes. Lol.
@TassieLorenzo
@TassieLorenzo 12 сағат бұрын
If they could get the brand(s) without the liabilities that would be attractive.
@Statek63
@Statek63 2 күн бұрын
Falling stock price, sales decline and laying off a few hundred employees is still quite far from going bankrupt.
@Carvetii
@Carvetii 2 күн бұрын
100 million in the red says they are very close to bankruptcy
@Kwackajack
@Kwackajack 2 күн бұрын
They’ve entered self-administration, and are halting production. It means they are close, here’s hoping they can get themselves out of it!
@garnet4846
@garnet4846 2 күн бұрын
They had their time. Bye bye KTM.
@katrinawells7069
@katrinawells7069 3 күн бұрын
Does that mean Bajaj was partially responsible for keeping them afloat ? Would not be a bad thing then…
@bulthaosen1169
@bulthaosen1169 2 күн бұрын
KTM was always on the edge of collapsing. Bajaj partnership with 390 put it on track again. Then they committed suicide with subscription model on their bigger bikes.
@Trackandshield
@Trackandshield 6 сағат бұрын
They sell a boatloads of 390 spin off across the world. So I assume that was giving them the cash they badly needed.
@nigelhicks6457
@nigelhicks6457 2 күн бұрын
Had KTMs in the mid-2000s and they wsre great. Plenty of friends still love them. To me the lost their way and seemed to become arrogant towards their customers. Loving my new Beta, Yamaha and Suzuki 😊
@jimbroen
@jimbroen 2 күн бұрын
Bajaj owns almost half of Pierer Bajaj AG which is the majority owner of Pierer Mobility and KTM. Bajaj is likely to play a major role in any restructuring of KTM. I hope they get this crap sorted out because I really like my 690 supermoto and it would be a shame if the parts supply dried up.
@shoebert31
@shoebert31 2 күн бұрын
that gasgas move looking very sillysilly
@petercreagh8797
@petercreagh8797 2 күн бұрын
In New Zealand where I live KTM are having a sale but they are not calling it a closing down one though.
@snoopy9568
@snoopy9568 8 сағат бұрын
Coming from a quad racing background, I've seen all this before in the MX and SX series of 450cc quads, as well as the technology sharing partnership with Polaris in the Outlaw series of quads. Some blamed the Global Financial Crisis but in reality, these were classic examples of good design concepts done very badly in regards to inherent unreliability, while still expecting customers to pay premium purchase and spares prices! As so many have alluded to in the comments below, this is the price paid when ANY manufacturer is out of touch with the reality of their customer's needs and consequent complaints. An immediate example I can point to is a friend of my son's recently purchased a 390 Duke new. He can't ride as it constantly overheats and has to be shut down. Its been back to the dealer several times. The dealer agrees there is a problem but KTM state its not a warrantable issue for a variety of fictitious reasons, including that they BELIEVE the rider is pushing the bike too hard despite the dealer stating there is no indication of this and there is a cooling issue with the bike which they want to resolve for their customer. What more can be said......??
@Naveen-gi8qo
@Naveen-gi8qo 3 күн бұрын
Bajaj has strategic investment plans for KTM
@dirtriderjaik
@dirtriderjaik 18 сағат бұрын
Owned 4 ktms and got tired of waiting for the 390 adventure to go 21/ 18 so bought a CFMoto450 and havent looked back .. half the price and cheaper more available parts ..good partnership deal between the two companies .. am expecting CF Moto to buy out KTM in near future
@arnaldofigueiredotibyrica6202
@arnaldofigueiredotibyrica6202 Күн бұрын
This is sad. These guys really agitated the industry forcing all to raise the bar. After years on their enduro bikes I am loving my Norden and hope their support and parts will continue for long time.
@Roadghost88
@Roadghost88 14 сағат бұрын
I have a 390ADV, ran well to 40,000km now it won't start. It's a Bajaj though, and luckily they made millions of the engine in India, so I'm not worried about parts. KTM will restructure, ditch all the dead wood and the bikes that don't sell, and get back on their feet. If not, someone is going to buy them because the brand has a lot of value. Hoping for the best.
@rogerbailey5651
@rogerbailey5651 Күн бұрын
Just in case anybody might be led astray, KTM stands for Kronreif and Trunkenpolz of Mattighofen (not Kraftfahrzeuge). They might want you to forget about one of the founding members and main investor, Ernst Kronreif, but the origin of a company is something that can't be changed.
@J.Harry.T
@J.Harry.T Күн бұрын
Apart from a big heap of unsold motorbikes, I suspect KTM actually has very few assets. Most manufacturing is done in factories owned by sub-contractors, in the far east. Other than the brand name and some office furniture my guess is it is just a big bucketful of debts and liabilities. Unless the Austrian government steps in with a bail-out, my guess is that the parent companies will let it fail and walk away.
@uncletom1971
@uncletom1971 2 күн бұрын
1:34 that's not a supermoto, that's an enduro.
@Oli-l5m
@Oli-l5m Күн бұрын
I bought a KTM Duke 790 in 2019 and I sold it within 2 yrs. I had always wanted a KTM, but the reality of ownership was a bike that wasn't as good as it promised to be. I still love the look of some of their smaller bikes, RC390 could be a future bike, but I just don't trust them to be good enough. They need to go back to being a niche player.
@izmirazul9116
@izmirazul9116 2 күн бұрын
It’s not one of the biggest. Example all of Big four are different level of size. KTM’s crap production in China tell all about this ”european premium brand”. And what a joke is put GasGas stickers on the bike and pretend that spanish trial bike brand is in the MotoGP. Can not be more fake 😂
@bloodspartan300
@bloodspartan300 2 күн бұрын
Stefan doesnt deserve ktm... he ruined it by not focusing on ktm but aquiring other brands like husky for no reason
@ralphcantrell3214
@ralphcantrell3214 2 күн бұрын
They tried to be the “high end” mark, and didn’t make enough “budget bikes” to get them through these tough times.
@BigRick50
@BigRick50 16 сағат бұрын
What they need to do is shoe horn the 1390 motor into the RC 8C, put some lights and mirrors on it and charge around 30 grand for it. That'll generate some sales.
@philipmillen4271
@philipmillen4271 Күн бұрын
They only worked fridays, employees always pissed
@jonathanthorngate5214
@jonathanthorngate5214 2 күн бұрын
Can’t speak for the road or adventure stuff but KTM group enduro bikes far superior to their competitors, there is a reason that every enduro event is a sea of orange with splashes of red and white. Get shot of the money pit brands like MV and stick with what KTM are good at.
@gideongouvs5559
@gideongouvs5559 Күн бұрын
Due to astronomical prices ---- absolutely astronomical ------ this is a warranty for failure ---- glad and absolutely overwhelmed by their demise ---- happy to the extreme
@teamtempest844
@teamtempest844 2 күн бұрын
Stop racing / sponsorship, save a large amount.
@AOL0321
@AOL0321 Күн бұрын
As an MV owner, I was elated to hear of the news that the KTM/Pierer Group acquired a majority stake in the company and this actually influenced my decision to buy my MV. I Hope it's not buyer's remorse now. What do you do with a boutique bike if you can't get parts?
@Team-fabulous
@Team-fabulous 2 күн бұрын
Apparently they went WOKE 😂😂
@Fred4662
@Fred4662 16 сағат бұрын
It seems like a shame, I like the way they bring something different and the small Dukes look like good starter bikes, but I've never owned one so have no bad connections with them. I'm not sure with companies getting their engines supplied in China unless they have very tight quality control checks. The stories of the camshafts was big news and they tried to ignore it. Too bad.
@syncrosimon
@syncrosimon 6 сағат бұрын
I loved the original KTM’s 950 Adventure, SM, 640 and 400 Enduro. Fantastic machines. Nothing about KTM is genuine anymore. They sold out their ethos to profit.
@DaxxTerryGreen
@DaxxTerryGreen 2 күн бұрын
I just had a 990 lined up. They didn't have the orange though so I walked. Lucky me
@ALB2073
@ALB2073 11 сағат бұрын
KTM have also not been interested in engaging with local clubs/organisations trying to keep trails open. No trails, no sales.
@Dexadventure01
@Dexadventure01 Күн бұрын
As a consumer, especially now at this day and age, there are so much choices, priced accordingly to your spec, ... dont really care what happens to KTM. To most, its just another 3 letter brand that i cannot justify the cost. We the consumers are no longer enticed by "LAVISH BRAND NAMES" (Gucci, BMW, MV Agusta to name a few) so that you can attract attention. We are now at the stage of practicality, conscious purchasers and most of all reliability!! Those who cares about Brand for sake of image are "Pompous Brats" that would soon go broke just like "KTM" !! 😂
@tolitsdterrible4785
@tolitsdterrible4785 Күн бұрын
The solution is simple, fire the CEO. Many years ago, I remember reading the news of KTM discontinuing the RC8 for some stupid reason. I told myself, this company is doomed. Another reason, the management should know that there are other colors in world other than orange and black.
@stevenbatley8666
@stevenbatley8666 Күн бұрын
Very sad day for the motor cycle industry ,unfortunately many more are going to follow!
@jarnosaarinen4583
@jarnosaarinen4583 2 күн бұрын
Well Well Well, lucky Jack Miller races Yamaha's now!
@MrRandomLame99
@MrRandomLame99 2 күн бұрын
just fyi Bajaj still owns a large chunk of Perrier
@auntjanet2346
@auntjanet2346 2 күн бұрын
Soon they will own all of it.
@marcosagosti6175
@marcosagosti6175 Күн бұрын
My take is they grew way too fast for their own good. That includes expanding brands without a clear strategy: Husqvarna, Gas-Gas using EXACTLY the same components with different badges. Buying MV Agusta did not help and probably was the last nail to the coffin. Managing a multi brand portfolio is not an easy feat, especially in a declining market. They expanded into ANY type of racing even without having any heritage in Road racing. "Expand, expand " was their operative motto as opposed to "Ready to Race". And, I almost forgot , the EV division burned a lot of cash. What for? Nobody buys those electric toys. The only ones that talk about them are non-bikers and tree huggers. And once a company expand too fast the pool of management talent gets spread too thinly. No wonder they have quality problems right and left plus issues with dealers. "Pier you blew it, your legacy sucks" would be their departing motto!
@tombleier1357
@tombleier1357 14 сағат бұрын
I have a 2020 Husky 300 and it’s super reliable. Look at any hare scrambles or Enduro starting line and it’s all KTM or sub brands. The Duke and Super Duke are great for Canyon riding and my Superduke GT is the Uber Sport touring V-Twin and more than 5-$8k less than the Multistrada. Top of the pyramid. The Adventure versions are also lighter with better suspension than any of the competitors, although the cam follower issues are a risk issue worth getting the extended warranty for.
@philipspencer1834
@philipspencer1834 20 сағат бұрын
Fahrzeugbau pronounced… Fart-zoyk-bough (as in part of a tree🤣)
@codyjarrett9685
@codyjarrett9685 Күн бұрын
So what happens to MV Agusta now?
@Rudraiya
@Rudraiya 2 күн бұрын
Ktm should sell it to bajaj to save the brand
@GaryHolt-t3s
@GaryHolt-t3s 9 сағат бұрын
Had a new EXC 500 for a couple of years. Hated the bike. It was the first year they locked the electronics so you could not tune the bike. Horrible. The darn thing would stall in the worst possible places and moments. Never had this problem with my Suzuki. Hated it; sold it. Arrgh.
@pw3591
@pw3591 2 күн бұрын
They make some great models, but they have a terrible reputation for quality / reliability. Whether this is justified or not, they really need to to something about this reputation. People don't like paying premium prices unless the product is actually better, and has a reputation for being better than everything else. The only bike I ever had problems with was a KTM, and won't be buying another.
@travelinben1966
@travelinben1966 2 күн бұрын
Bingo!
@KirkAnderson-l3i
@KirkAnderson-l3i 2 күн бұрын
Never owned a KTM, but I have a lot of admiration for this brand. Sadly I believe CEO’S , Bean Counters ect are responsible for the demise, whether by accident or by design we may never know the Truth. CHINA made bikes are on the March and as people’s money tightens they shop for value for money. Obviously KTM’s reliability has been an issue. Fingers crossed this Brand survives.
@DanielsFernandez
@DanielsFernandez 2 күн бұрын
Bring back the 200 2 stroke. Problem solved.
@justinkeller9187
@justinkeller9187 Күн бұрын
I love my duke. I also like the racing stuff they have done with young ladies building, training and racing bikes.
@valters6786
@valters6786 12 сағат бұрын
I agree that there will be asian company looking at this as an opportunity to include ktm into their portfolio and possibly widen their presence in europe.
@AUCongnitiveRealist
@AUCongnitiveRealist 11 сағат бұрын
The brand may survive but I'd be surprised if KTM doesn't turn into what GasGas/Husqvarna is to KTM now but owned by CFMoto or the likes of.
@Gate3739
@Gate3739 Күн бұрын
Don't understand why people bring up their Marketing stunt regarding the tech pack! the research and development for those technologies is expensive and the idea was just brilliant in my book! Most of if not all cars businesses use this well spread tactic! beside their financial problems has nothing to do with this! this is a fantastic company doing fantastic bikes, employing many man, woman and family's and lets hope they get out of this burden!
@Ryan-yw4gh
@Ryan-yw4gh 2 күн бұрын
Honestly dont think they will go bankrupt...if Suzuki can stay alive still making bikes,KTM should be able to make it work.
@AUSTIN_457
@AUSTIN_457 2 күн бұрын
Suzuki makes alot more than just bikes. That's part of the reason why they are still in business
@Kwackajack
@Kwackajack 2 күн бұрын
I'm hoping they don't, but it's looking like it'll be close. They have been bankrupt before but not while at a scale of size like they are now. I believe there's a place for them at the table if they can turn it around
@allanweseman5433
@allanweseman5433 12 сағат бұрын
The first thing they are going to have to do is give new engines to all the people that bought an 890 Duke with camshafts made out of peanut butter. Bad news travels fast in this world today and they cannot hide from the public that they ARE NOT honoring their responsibility under warranty and beyond warranty for their engineering shortcomings.
@nickmegadeth6633
@nickmegadeth6633 Күн бұрын
They did this to themselves... they shouldn't be building unreliable and expensive bikes , also their parts chain supply sucks.. I'm surprised they lasted that long to be honest...
@hfranke07
@hfranke07 23 сағат бұрын
Farhr-zeug-bau sounds like: "FAHR-tsoyk-bow" If the "ts" sound is tricky, you can say something like "FAR-zoik-bow" as a close approximation, though it's not entirely accurate.
@rickybanzai2199
@rickybanzai2199 Күн бұрын
I red on a KTM tank: "entirely designed in Austria"... and built....???? Ktm were good dirt bikes, but street bikes were NEVER on par with Japan's. Totally another level of industrialization. For the future, some Chinese brand will put a KTM badge on their cheap copy, and everyone will be happy. Exept for real bike lovers....
@maryyaan
@maryyaan Күн бұрын
Seriously, KTM should give adjustable seat down to 800 cm or 810cm for Indians. Sales will improve by 5x. . Even though KTM is like dream bike for every Indian, KTM group ride programs are successful in India and KTM service team is lively. Indians reject KTMs only because of seat height. . People come to showrooms in high spirits but leave immediately after height-checking Adventure 390 and Husqvarna. People who do buy KTMs regret the seat height. It does not inspire confidence on Indian traffic & off roads. When you are tiptoeing, motorcycle feels heavy even without pillion rider.
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