KTM Bankruptcy - Should You Be Worried?

[@nonjaninja4904]

Maybe $13,000 dirtbikes and e-bikes no one asked for wasn't a good strategy.

[@rodneystewart4312]

Beta and Sherco may benefit the most with terrific purpose built machines ready to go .

[@Dashriprock4]

And Rieju

[@mixalis6168]

They both owe KTM for developing and keeping 2T alive hate them or love them, they make great bikes !!

[@williamcrotts7054]

@@mixalis6168 After you dump another 4k into it.

[@jays8662]

Spending 80M a year on motogp was a bad investment, wasting money left and right with losing acquisitions was the nail in the coffin.

[@RIPPERTON]

MotoGP teams dont cost money. They MAKE money through sponsorship.

[@xhngoh1655]

@@RIPPERTON It certainly does cost. Nothing comes for free.

[@jays8662]

If he thinks they are getting 80 million in sponsorship a year he is crazy...lol

[@endurojugHandlebarTank]

I just don't see how they are going to get anyone to invest 3 Billion euros to bail them out. 😂

[@cliftondodge]

Elon offered $3B but they have to change their name to Fart Fart.

[@yukonjon5964]

man i hope the YZ300X / YZF350 / YZF350X rumors are true! i'd want to buy one of everything.

[@vonhonderwitz]

Hopefully they keep Husky as I’m a big fan. Probably buying another one shortly, FE350. I don’t see many Gas Gas bikes out and about but plenty of Husqvarnas in Southern California. No problem with Japanese bikes but they honestly don’t produce a bike that suits my wants, Beta is the only other option that I’m looking at.

[@DUNEATV]

I have a 2024 Husqvarna FE 350W and its awesome!

[@mikeburnett6222]

@@DUNEATV No such animal as you described. ☹️

[@rgretchen]

KTM needs to restructure, reduce their SKUs.... why do they have 4 different 300 XC-W models for 2025? Get rid of the super cars and stick to basics. And improve customer support.

[@PNWEnduro]

100%.

[@williamcrotts7054]

How about actually having an R&D department instead of letting the buyer do it.

[@nevadahardenduro]

@@williamcrotts7054KTM has the largest R&D team out of any brand dude. Do some R&D yourself before makin a comment like this…..

[@braaap690]

Hate to see KTM go under for sure. The entire powersport and mountain bike industries are struggling. Arctic Cat is holding off production of their snow mobiles, several bicycle companies are closing their doors, and sales are down industry wide. Hopefully we can bounce back 🙏🤞

[@brianmartin414]

When you don't pay your suppliers(creditors),you don't get parts. The newer the model,the less parts there already are. They will also increase parts prices to make up the loss they're experiencing. As if their parts prices aren't ridiculous already. I guess the pain will be the test of brand loyalty.

[@gophop]

KTM would be stupid to screw the suppliers, if they intend to continue manufacturing.

[@brianmartin414]

I saw it with Aprilia in 07 when they were in trouble,just like ktm is now. Parts prices were the first to go up and everything was on backorder.

[@MrPindie]

KTM might survive if they are incredibly lucky. In the UK, they have supplied inferior bikes, shut down trusted local dealers and provide zero back up when bikes go wrong. This has led to many if not most long term KTM owners getting into other brands. People don’t trust KTM anymore. The KTM debt is also colossal. The man at the top has drained the cash from the bank causing even more distrust. Tricky times.

[@RaphaelPais]

Do you mind citing which brand has been preferred in your area?Here in Portugal ktm and their brands dominate the enduro scene. Sherco maybe?

[@jeffro7p202]

They sure as hell arent on sale here in las vegas they are around $12.000 for a 300 and close to $13.000 for a 4 stroke. Of course that just could be our local ktm/husky dealership all their prices are insane anyways.

[@woodman4989]

Fantic or Yamaha Europe has a 300 with electric start in production and in dealerships. I was told by a Yamaha rep that they new KTM was going to have problems 2 years ago and have been waiting for this to develop. There will be a YZ300X next year. Also they have a 350 ready to go as well. He said a YZ350F Moto bike and a YZ350FX. Hope he's right. I believe he said the 300 will be oil injected.

[@PNWEnduro]

That would be very interesting indeed! I'd pick a Fantic over Yamaha because I want fuel injection.

[@fynn8252]

I think Yamaha should just buy out Fantic

[@BrickBike]

I’ll believe it when I see it. I think Yamaha is content selling 20 year old 2 strokes

[@bbarker5766]

The Frantic is a Yamaha 300. Maybe a few little differences but it is 90+% Blue.....

[@henricusrealms8411]

With regard to the YZ350F(X), Yamaha did hire Kailub Russell to race GNCC for 2025 & beyond. For 2025, he'll be on a YZ450FX, but I suspect he may very well have been hired to help get out at least a YZ350FX for 2026. I kind of figured that any YZ300X for 2026 will simply be the Fantic XE300 in "Blu-Crew" colors, with the aim of using it for: 1) getting into the (hard) enduro w/the Cody Webb hire. 2) sorting out what they want to possibly do in the future w/the YZ125/250(X) models. I have seen a little on the Fantic XE300 that got "bootlegged" into the US, and guy who did this affirmed that it is fast. I wonder if at some point we'll see a WR350R (dual sport)?

[@williamcrotts7054]

Can you please elaborate on your financial background to back up your theories? Thanks. Good job.

[@davidwood974]

Love my Husky, curious to see what happens…

[@PNWEnduro]

Same here!

[@alexbclarke]

Amazing, man, how you can ride such a twisty trail and talk at the same time. Good skills! On topic of KTM, in my opinion, given the massive dealer network, innovative approach (sad about the QC slipping a bit) and a strong product such as KTM line up, they sure be here to stay (may be after the board that made poor strategic decisions has been restructured).

[@J.Harry.T]

Defaulted debt currently stands at €1.8 billion. Creditors are being offered 30% to settle. This, of course, means lots of people are going to get screwed.

[@dont3761]

Im pretty sure KTM is going to make it in some form. Bring on the new bikes from other mfg's. I think Yamaha's 250x is pretty good but needs a better transmission and E-start. Fantic is one of those exotic bikes with no support here.

[@PNWEnduro]

Fantic will become more popular here in the next year or so.

[@tacoma2175]

People keep talking about finding discounted KTMs.. I haven’t seen any in Arizona.

[@PNWEnduro]

I saved around $2500 on my 2024 mid summer.

[@Dashriprock4]

Come to Ga... Its a fire sale

[@tacoma2175]

@@PNWEnduro Congrats! Nice bike!

[@tacoma2175]

@@Dashriprock4 that’s a long way to travel! Wonder what shipping would cost? Thanks for the heads up

[@DUNEATV]

If you like Husqvarna Screwy Louie motorsports on Deer Valley Rd had a decent sale

[@danbutler2934]

It goes without saying, 3 billion in debt will paint a drastically different picture for KTM. It would not surprise me if KTM's diverse group of creditors collectively formed an equity group and claimed a big chunk of KTM and its future at the negotiating table. I think the brand itself is strong but is obviously in desperate need of drastic rescaling to meet current and future markets. I agree one or more of the brands may be dropped or sold (MV) from production as well as slow selling models. It may take years to recover but maybe if they do it right the consumer may not be worse off from it, maybe better. Better support, competitive pricing and 1st rate quality control would be very well received. They've been down this dark road before, just not this far down or this dark. This time its colossal. In the end I think KTM's deep customer base will still be there because they are producing the most developed off road bikes available today. But that may not last if they don't remap they way the company runs for the long haul and with the consumers satisfaction at the top of the priority list. Just my $0.02, nothing that hasn't already been said 10k times but theres reason for hope and not panic at the moment with some key company elements still intact. Oh.. and it wouldn't surprise me either if the unsold bikes in the warehouses got cheaper still. Cash is king baby!

[@garydobbs5159]

I hope your right brother. I have a Duke I bought 3 months ago and I love it.

[@ktm0ice]

Been on KTM since 07, 525 EXC plated now a 540 , before they were popular. January of '25 planning to get 2 more, 2025 300 XC for me and a 2024 350 EXC for the grand son to ride on. $2400 off for the EXC, how do you pass it up. Take that $2400 and make a few mods and turn both bikes into dream bikes. The grandson can ride trail, race and Dual sport with me .... just say i am investing in my future and his. I started riding at the same age of him, 15 years old. This will keep me on the bike till I cant stand up. Still bleed Orange, has never let me down

[@motozz8258]

You will be rudely awaken with that plan , welcome to ktmthings coming to life near you soon. 525 were rock solid design and manufacturing with that engine , dangerous at speed though with the suspension etc hehe.

[@brianmartin414]

When a rear master cylinder is $300 now,how high is your pain threshold? "Pride" of ownership overrides common sense sometimes.

[@thomascaldwell184]

I agree that I haven't seen anything from KTM giving me warm fuzzies about how they're righting the ship. Having said that, I feel confident they will. I have no plans to get rid of my 500, and I'd consider buying new from them if I were in the market right now. I don't think parts or service will be an issue, at least in the coming year or three.

[@PNWEnduro]

Agree. Great bikes, poor management.

[@hardyeleonore]

Just picked up a Husqvarna 501, traded the 890 Adv R NOT because of the issues some seem to have but was using the 890 more offroad then on.Not at all worried about parts, hopefully KTM will come back strong.Yamaha has good dirt bikes but nothing you can really get to plate for on road like KTM.

[@doublemc2633]

BK. either Reorg or liquidation. Chap 11 vs 7. Either way, shareholders likely wiped out. Hopefully it's a reorg. The biggest issue is warranty...are previous sold bike warrantied or not. And to be honest, warranty is not a big issue usually because bike warranties are not that long anyway, manufacturers warranty anyway. Class 1-9... that's all that matters and depending on warranty nothing really will likely affect bike owners or KTM being an "on going concern" after reorg. Bonds class 1.... shareholder class 9. So there ya go. And everything in between. Bike owners...don't matter in all reality. If chap 7 that's a diff conversation. BTW that's USA BK I'm citing. If diff Jurisdiction, who knows.

[@rogermty1971]

Pierer mobility and KTM are under Austrian jurisdiction so it is probably a bit different. I own a KTM 300 xc-w and hope they can put their things together and continue their business. Also think they have done great things in the off road market.

[@gophop]

Money talks. Internet hype won't keep someone from walking past a Yamaha, if there is an overstocked KTM for $2k less. Competitors might squeeze a PR moment out of this but they won't be coming out ahead until the 200k heavily discounted KTM bikes leave the inventory. With demand at historic lows, we would be lucky to not see another brand get dragged down by this liquidation.

[@PNWEnduro]

Good points!

[@dougfalstad5227]

KTM should bring back carbureted two strokes. There are lots of riders like me who hate fuel injection. I bought a new Beta X-Pro because it is has a carb.

[@stupidmoto]

I just picked up a 2023 Freeride E-XC for 6k out the door, that’s almost half off MSRP lol. First KTM too. I didn’t ever see myself buying one, but the price was too good to pass up.

[@PNWEnduro]

Can't beat that price!

[@jnew3755]

Highland Cycles is putting out Fantic Content

[@PNWEnduro]

Yep. Best thing he could have done as far as generating interest and growing his channel. Good on him.

[@rjthomasindyusa]

bankrupt= restructuring

[@jamiegibson5659]

I’ve been following the news for a while, I ride orange as well. As a matter of fact, picking up my son 2024 ktm 85sx on Monday. Saved over 2400. So yes I would say good time to buy. I’m not really concerned about Ktm. But there definitely will be change needed, just waiting to see what. You’re right though, a lot of doom and gloom.

[@PNWEnduro]

I just hope the learn from their mistakes.

[@RIPPERTON]

8:00 Yamaha already have a 300cc Estart EFI 2 stroke enduro bike. Fantic have a YZ frame and bored out 250 made buy subsidiary engine company Motor Minarelli. Also Fantic Motor is in Partnership with Yamaha.

[@richardhammond2633]

Pretty much my thoughts as well. Ktm dirtbikes moved the goalposts with the TPIs and the 350s . I have no brand allegiances. I look at bang for buck. Good common sense advice from you as usual.

[@jackaofdp]

I'm looking into buy a new 2T bike, wanted to buy the HQV 300 heritage so bad. The prices are already more "flexible" on the dealers, but I've kept the money aside for three more months to see what's going to happen to austrian brands, like you said nothing is sure and being a KTM bike owner I've also have a lot o wishfull thinking. Wanted a 2T injection bike, but if an YZ comes with electric start and the price is right I can change my mind.

[@lukeolague9810]

The price point is why I didn't go with a KTM. I got a killer deal on a brand new 2024 Yamaha YZ250X recently, 7400 out the door. Why would I pay 15K for a KTM 300 XC-W? It looks like sales have the bike around 11K currently but after all dealership fees and all that bullshit I'll be paying at least 13K. 14K of the dealership is a real asshole.

[@infinitebeing1032]

KTM will stay. 👍They'll cut some fat and bring in some investors ...They got to big for their britches.

[@PNWEnduro]

Agree 100%. I really hope they learn from this and provide better customer service in the future. Anyone that has had the "pleasure" of dealing with a KTM warranty claim knows what I'm talking about.

[@avalanx]

Love your content, great idea to give palatable surface level commentary on the KTM administration while ripping around on your KTM in the woods. However, it should be noted that KTM and the Pierrer Mobility group have already made various announcements and statements about their approach to a solution. They have already slowed production considerably and unfortunately reduced their workforce significantly as a result. Their recent acquisition of MV Augusta is in question, with them having announced the intention to sell off a majority stake, potentially even to the previous owners. I also don't think that it is necessary for KTM to make any announcement style videos at this stage and in all fairness almost off the hype is negative, so they have every right to use their media company to bring balance to the situation. Ktm overreached and is certainly paying the price. However I am quite optimistic about the outcome.

[@philipsmith6152]

insolvency is an act of bankruptcy, they are only protected from creditors if they come up with a rescue package, or strike a deal with the creditors ,if not they're gone. The shell will be bought by Bajaj and / or and other companies. They will be lucky if they don't face charges. all this is the result of Pierre's arrogance and financial mismanagement

[@Anatoli50]

Any new Yamaha 300 2T bike will need new cases, counterbalancer, 6 speed transmission, fuel injection, stronger charging system, electric start, and probably a headlight and taillight. All this adds weight to the 229 pounds dry that the YZ 250X already is. Two stroke motorcycles are already being legislated out of existence in California. I’m not convinced that Yamaha, a conservative company, will risk a bundle of R and D cash on this.

[@PNWEnduro]

I agree, also if they produced that bike it would raise the price to what a KTM costs and that is a big part of the draw people have to the YZ now.

[@chrisbracken7889]

Im looking at Yamaha Beta or Fantic. 250/300 2 stroke

[@mikeking7388]

Personally I think ktms are too expensive just bought a new 250x for 11,500 CAD I would buy a ktm if they weren’t 4-5000 more. No doubt they are more equipped but I just can’t justify it.

[@matlafalange1]

New? It’s a 20 years old tech 🤷🏻‍♂️ I got my 24 300 xcw in april for 12 500$ cad I dont bleed orange, but for 1000$ more i have the most recent tech and an amazing bike. There is a reason why we see that much of KTM/Hq/Gas bike in offroad. They are not perfect, you need to put money in it for have it to run perfect (TSP Erm, etc) but all in all they are still the one i would put my money in if i had to change. If the YZ were at 8 000$ i would say it make sense, the fact that they are so close in price with a 20 years old tech make me feel that im being rape

[@Ride4life311]

They did say that Covid would affect manufacturing for up to 10 years. I’m starting to believe it. 😢

[@wyeska1440]

as far as a aluminum frame they don’t have engineering to get the benefit of a alloy frame fire the engins

[@devinmarquart3803]

Great videos as always. Have you thought about getting a reviewing the CUO unit for your 250 xcf.

[@PNWEnduro]

No, I don't feel the bike needs any modifications. Thanks for the support!

[@anthonygrijalva8821]

Itll be Husqvarna that goes bye-bye IMO as well....your riding up in BC or WV?

[@PNWEnduro]

Shame if Husky goes, I like the TE300 over the XCW for the linkage (lower seat height).

[@jnew3755]

Husky legacy is over 100 years old now? I think it will survive

[@Dashriprock4]

The Husky has brand equity. They could sell the brand off for a decent sum or decide to continue with it as it does have intrinsic value. I could definitely see gas gas going away

[@anthonygrijalva8821]

​@@jnew3755 I have no doubt about that.... however, will it survive under the KTM umbrella? Probably not.

[@mikeburnett6222]

Personally, I’d buy one of the 24/25’s over later. Because later MAY mean a Chinese version vs a European version.

[@PNWEnduro]

Good point, hopefully not the way it ends up!

[@markfenby4402]

information beta motor bikes makes test race engines and prototype engines for ktm and others brands they made a 300 prototype for Yamaha for enduro theres a photo of it on youtube if you have a look for it

[@stoplogicmotorsports]

If yamaha has an E start 300 my GasGas will be GasGone, and I am a huge fan of my 23 TPI.

[@PNWEnduro]

Yep, a lot of people would jump on that. Fantic is basically already selling this and will start to become more available in North America.

[@offroadtrailrider77]

My next bike will most likely be the Stark Varg Ex. It will keep my neighbors happy.

[@PNWEnduro]

If you watch what Matt Spears had done on the Varg, it's clear that bike is more than capable. It would not cut it for the big mountain rides I do, not yet anyway.

[@garydobbs5159]

Love your bike bro

[@BlackdogADV]

Fantic in the US? Great, I want the 500 scrambler.

[@garydobbs5159]

Nice riding too

[@PNWEnduro]

Thanks 🙏

[@BlueDawnEnduro]

Estart? Meh - would not buy a Yamaha just for that! they need way more changes to the frame/fork geometry - it's stiff and terrible on single track. Works in flowing terrain, but it ain't agile. Also needs more linear power curve and bottom end for tough trails and terrain. You see I'm describing my TE300 ... already there. They should dump gasgas, poorly performing street bike lineups, get new investors and stop producing four versions of the same model (e.g. xc-w).

[@PNWEnduro]

A lot of people would get the Yamaha if it had E-start, I agree it needs a lot more and I'm not a big fan of the platform to begin with but a lot of people do love them.

[@dahatchery]

I love my 02 YZ250, 05 YZ250, 2014 YZ250, 05 YZ144. I really could care less about any euro bike, I’m just not interested. I could still get almost any part for my 2000 YZ250, just that it was time to go do it sold for top dollar, the guy still has it and loves the power delivery, Just as I love it. yeah, yeah electric start don’t need it I’d rather have the work out and love how raw the YZ is. I’m not racing anymore and all them wonderful Yamahas will and have far outlasted any of those $80,000 euro bikes lol! Great bikes and don’t want or need any of them. Cheehhoooo Cody Webb! Taking Yamaha to the next level not that it needed it. He rips on a bone stock 250x which proves it isn’t the machine, it’s the rider. This guy is on a crappy 4 stroke lol!! A million dollar maintenance cash burner. They suck! Unless of course you are Only racing motocross!

[@wyeska1440]

Only one should be worried is the owner Europe. Mite have China as new ownerships

[@Ride4life311]

Can you ride year around where you are riding?

[@PNWEnduro]

For the most part yes, few weeks here and there with too much snow depending on the winter.

[@Ride4life311]

@@PNWEnduroDamn…that would be so Rad! I’m in Salt Lake City.

[@PNWEnduro]

@Ride4life311 you also have year round riding, within a day trip south anyway! I'll be down that way in a few months.

[@Ride4life311]

@@PNWEndurowe do but you have to travel south quite a ways. I snowmobile pretty hard in the Winters! So, it’s just not a huge priority. If I didn’t snowmobile then I would DEFINITELY 💯 be traveling south to get my throttle therapy in . 🤘💪

[@PNWEnduro]

@Ride4life311 yeah, I regularly drive 3-4 hours each way on weekends in the spring/summer months to ride big mountain stuff so that's just normal for me.

[@iddddaduncan]

They are in trouble, if not then why aren't they currently paying their employee's or giving Christmas bonuses?

[@PNWEnduro]

Yes they are in trouble but they will not be going out of business. I really hope they take care of the employees once they find a partner to invest in the company.

[@davidgrunklee8407]

​@PNWEnduro what sort of "partner" do you expect they will find?!

[@PNWEnduro]

@davidgrunklee8407 I would hope Red Bull but is seems more likely a Chinese or Indian investor.

[@motozz8258]

@@PNWEnduro China ktm , communist country bike with another fake brand in our sport of offroad , this time the OG ktm will be the fake brand name on a china bike, like Husky and Gas fake on ktms .

[@johngray722]

you never know they might start using chinese parts but still be expensive to buy off the showroom floor that might save them lol

[@strictlymitch]

Maybe the new owners will sell all their bikes with fans on them 😂

[@williamcrotts7054]

I think the new bike will come with a bowl of Chicken Curry or a bowl of rice.

[@lpcmark]

Beta was always a better bike anyway.

[@sandysmith7485]

If they move all production to China, then the 60% trump tax will raise the price of a $15K bike to $24K and a $20K bike will cost $32K. How many bikes do you think they'll sell in the U.S. after that trump tariff goes into effect?

[@SketchyXC]

Learn how tariffs work before you grandstand your stupidity to the world

[@sandysmith7485]

@@SketchyXC Tell me dumbass. Do you think that the Co. selling the product eats that extra cost. How dumb are you? The customer pays the tariff, not the seller, dumbass. The seller just adds the cost to the price. You don't know how it works.

[@gpaull2]

@@SketchyXC- maybe you need to explain how you think a tariff works 😂

[@DUNEATV]

@@SketchyXCExactly

[@user-se7vt5ow4e]

@@SketchyXCOpenly displaying one’s stupidity is the trademark of tRump supporters. They have no clue how tariffs work.

[@garnet4846]

They earned their failure.

[@PNWEnduro]

Management maybe, not the employees who are currently not getting paid.

[@DrDoom-uu3cj]

Elon Musk needs to buy KTM and turn it around.