Latest news with #390EnduroR
NZ Autocar
25-05-2025
- Automotive
- NZ Autocar
KTM secures its future with investment by partner Bajaj
The KTM AG board has announced that the company has expanded its relationship with its long-standing partner Bajaj. It has also secured Bajaj as its main investor. Gottfried Neumeister (above) CEO, KTM AG stated: 'Today we have been given the opportunity to continue the history of KTM. 'Together with our long-standing partner Bajaj, we were able to work out a strategy that will enable us to raise a further 600 million euros for our new start in addition to the 200 million euros already made available. 'The existing sites – in particular our main plant in Mattighofen/Munderfing – will remain the basis for our future success. This means that we will continue to be an important employer for the entire region. 'In view of this new, second opportunity, we at KTM feel deep gratitude and humility towards all those within and outside our group of companies who have made it possible. 'I would also like to take this opportunity to thank Stefan Pierer on behalf of all those who have accompanied us along the way. He laid the foundation for one of the world's best-known motorcycle brands, which has a unique community.' As part of its rejuvenation, KTM is about to release details of its new 390 line-up that includes the SMC R, 390 Enduro R, and 390 Adventure R. KTM is also launching the Orange Blood campaign. The company has invited passionate KTM owners and riders like to join the Orange Board. These riders will bring their experience, insights and passion to the table to help shape the future of KTM. Over 5000 applied and applications are now closed. In June, KTM will reveal the 15 selected members who will head to Austria this summer. They will have exclusive access behind the scenes, meet the KTM crew, and 'work with us to drive what's next.'
Hindustan Times
16-05-2025
- Automotive
- Hindustan Times
KTM increases prices on 390 Duke, RC 390 & RC 200 by up to ₹12,000
₹12,000 data-item-target-url=/auto/two-wheelers/ data-item-story-segment=Mass Vehicles> The KTM RC 200 is now pricier gets by up to ₹12,000, the highest among all models, in the latest price revision Check Offers KTM India has silently increased prices across its select performance motorcycles. The new KTM 390 Duke, 250 Duke, RC 390 and RC 200 are now pricier than before starting from ₹ 1,000, and going up to ₹ 12,000. While the KTM 390 Duke gets the minimal price increment of ₹ 1,000, the RC 200 is now pricier by a whopping ₹ 12,000. Neither of the motorcycles get any mechanical changes. KTM Bikes New Prices It's noteworthy to mention that the KTM 390 Duke received an ₹ 18,000 price cut a few months prior, which gave it a significant edge in its segment. The ₹ 1,000 price hike seems marginal in comparison. Notably, the bike also received the cruise control feature and a new black colour option in the process. The KTM RC 390 is now more expensive by ₹ 5,000, same as the 250 Duke, which recently received a price hike as well. Also Read : KTM 250 Duke gets more expensive by ₹ 5,000 Model New Price Old Price Difference KTM 390 Duke ₹ 2.96 lakh ₹ 2.95 lakh ₹ 1,000 KTM RC 390 ₹ 3.23 lakh ₹ 3.18 lakh ₹ 5,000 KTM 250 Duke ₹ 2.30 lakh ₹ 2.25 lakh ₹ 5,000 KTM RC 200 ₹ 2.33 lakh ₹ 2.21 lakh ₹ 12,000 Price revisions are a standard affair and manufacturers tend to update prices on a regular basis, depending on the inventory, season, and demand. Make sure to check with your preferred KTM dealer for the updated prices as well as to know about the discounts and offers available on each of the motorcycles. No change for KTM 390 Adventure & 390 Enduro R The price hike does not affect the newly launched KTM 390 Adventure and 390 Enduro R motorcycles. Both bikes entered the market only a few weeks ago. Furthermore, the brand is expected to bring more hardcore versions of either motorcycle to the market later in the year. This includes the KTM 390 Adventure R and the 390 Enduro R with the longer travel suspension. Both offerings could be on sale on a made-to-order basis. Check out Upcoming Bikes In India. First Published Date: 16 May 2025, 11:42 AM IST
NDTV
05-05-2025
- Automotive
- NDTV
KTM Financial Headwinds: Can Partnership With Bajaj Auto Turn Things Around?
Austrian motorcycle giant KTM, long celebrated for its aggressive styling and performance DNA, is now confronting an uncomfortable reality that includes slowing growth and severe operational headwinds. A string of financial disclosures from parent company Pierer Mobility AG has raised concerns among investors and industry observers alike. KTM's struggles became more evident after the company reported weaker-than-expected results for FY2024, with profits slipping, costs rising and inventories piling up across markets. The brand that once couldn't manufacture fast enough now finds itself with too many unsold two-wheeler units and not enough buyers. Key Contributing Factors To KTM's Current Mess Include Inventory Overload: KTM overestimated post-pandemic demand, resulting in overproduction and slow dealer turnover, particularly in Europe and North America. Supply Chain Costs: Rising logistics and raw material expenses have chipped away at profit margins, even as production resumed at full capacity. Emerging Market Dependence: Slowing demand and economic volatility in countries like India and Indonesia have added unpredictability to KTM's core strategy. High R&D Spend: KTM's continued investment in motorsports-derived technology is laudable, but the payoff remains long-term, not immediate. Acquiring Multiple Brands - KTM has had acquisitions, tie-ups and partnerships with multiple brands like Husqvarna, GasGas, MV Agusta and CFMoto to name a few. This hasn't always played in the interest of the company, because Pierer Mobility AG took on quite a bit of debt to finance these acquisitions. For example, the current financial mess meant the celebrated brand 'MV Agusta' was sold back to Timur Sardarov, who was the original owner of the brand before KTM acquired it. The Bajaj Auto Angle: Crucial Ally or Strategic Fix? Bajaj Auto, India's two-wheeler behemoth, holds nearly 49.9 per cent stake in KTM AG through Pierer Bajaj AG and is KTM's key manufacturing and development partner. KTM's small and mid-capacity bikes (like the 125, 200, and 390 series) are manufactured in Bajaj's Chakan plant near Pune and exported globally. While this partnership has helped KTM scale rapidly in emerging markets, recent dynamics have exposed some cracks. Market Fatigue: The Indian premium motorcycle segment has become more competitive, with price-conscious consumers turning to alternatives like TVS and Royal Enfield. Products like the KTM 390 Adventure and the 390 Enduro R operate in a niche segment and are unlikely to bring in good volumes. In fact, the 250 range is the one that saw positive growth last year. EV Shift Pressure: India's growing focus on electrification has pushed Bajaj to expedite its EV plans-through Chetak Electric and now potential KTM EVs. Inventory Bottlenecks: Slow demand recovery in India has led to overstocking and margin stress for both KTM and Bajaj. While parent company Bajaj Auto did infuse the ailing Pierer Bajaj AG with 50 million euros to stop it from going completely down under, the story of KTM's survival is far from over. The company sold MV Agusta back to its original owners, went into a 90-day self-administration period and laid off over 1,800 employees, to reduce its financial burden. Despite these issues, the Bajaj-KTM partnership remains KTM's best for recovery. The Austrian brand can lean on Bajaj Auto help them to a large extent, because if KTM does go down under, then even Bajaj has quite a bit to lose, with a big chunk of Bajaj's sales coming through KTM and a 17-year-old partnership threatening to unravel. Leveraging Bajaj's cost-effective engineering can help KTM launch new models at lower development costs, crucial in a margin-conscious environment. Bajaj's vast dealership and service network in Asia and Africa could help KTM build sustainable demand and improve after-sales performance. What Can KTM Do To Come Back To regain traction, KTM needs a combination of operational tightening and bold innovation. Possible strategies include: Smarter Inventory Planning: Adopt a more demand-responsive production model to avoid inventory bloating. Focus on Profitable Models: Rationalise the product portfolio to emphasize high-margin, high-demand models. Monetise After-Sales Services: Expand service plans, accessories, and digital features to boost recurring revenue. Reinforce Investor Trust: Clear communication of turnaround plans, cost-cutting, and prudent capital deployment will be essential. KTM's brand value can help Bajaj gain access to EU and other important markets. On the other hand, Bajaj currently has presence in 100 countries, which can unlock massive sales potential for KTM. Final Word: Still A Brand Worth Betting On? It absolutely is! KTM's situation is serious-but not hopeless. The brand retains strong recognition, loyal enthusiasts, and cutting-edge engineering capabilities. With Bajaj Auto's manufacturing backbone and emerging-market expertise, KTM has the ingredients for a robust recovery-provided it acts decisively, pivots quickly and whether the company can manage the May 23, 2025 deadline to stay afloat and make a payment of 600 million euros to the restructuring administrator. In an interview to Moneycontrol, Rajiv Bajaj, MD, Bajaj Auto said that the top management of Bajaj has been pre-occupied with finding a long term and a sustainable solution to not only keep KTM afloat but turn it into a profitable company in the long term. Come May 23 and the uncertainty around the brand will be dealt with, one way or the other. Interview Source: Moneycontrol
NDTV
28-04-2025
- Automotive
- NDTV
KTM Halts Production In Austria Again
The troubles don't seem to end for KTM. Barely a month after re-starting production, after a 90-day 'self-administration' period, the Austrian motorcycle manufacturer has stopped production at its Mattighofen plant. Reports suggest that KTM has stopped production until the end of July 2025. New CEO Gottfried Neumeister said that the company had parts and components to manufacture only 4,200 motorcycles but the company hasn't revealed what those 4,200 motorcycles are. With KTM's current financial troubles, the suppliers don't have the confidence that KTM will pay them back and therefore, sourcing parts is becoming a challenge for the company. KTM says that it will be difficult for the company to pay back its creditors 600 million euros before the deadline of May 23, 2025 and this certainly doesn't inspire a lot of confidence in its suppliers. With the production being stopped earlier this year for three months, there were no new parts that were ordered. And now the company faces shortage of components to manufacture motorcycles. Recently, KTM announced that from June 1, 2025, KTM will stop the distribution of CFMoto and its EV sub-brand Zeeho two-wheelers in the countries of Austria, Germany, UK, Spain and Switzerland. KTM was distributing CFMoto & Zeeho two-wheelers in the said countries since 2013. The decision is said to be 'mutual' and the manufacturing agreement between the two companies will continue as before. Also, CFMoto will continue to sell/distribute KTM motorcycles in China. Reports in EU suggest that a new importer will assume the responsibility of distributing CFMoto two-wheelers in the above-mentioned countries from June 2025. In India, since the beginning of 2025, KTM has launched the 390 Adventure along with the 390 Enduro R in February and March, with the KTM 390 SMC R slated for a launch soon. While KTM technically does sell its big bikes here in India, its maximum sales come from its current motorcycle range of up to 400 cc.
NDTV
24-04-2025
- Automotive
- NDTV
KTM Will Not Sell CFMoto Bikes In Europe Anymore; Here's Why
KTM company announced that from June 1, 2025, KTM will stop the distribution of CFMoto and its EV sub-brand Zeeho two-wheelers in the countries of Austria, Germany, UK, Spain and Switzerland. KTM was distributing CFMoto & Zeeho two-wheelers in the said countries since 2013. The decision is said to be 'mutual' and the manufacturing agreement between the two companies will continue as before. Also, CFMoto will continue to sell/distribute KTM motorcycles in China. Reports in EU suggest that a new importer will assume the responsibility of distributing CFMoto two-wheelers in the above-mentioned countries from June 2025. Post COVID, KTM has been under tremendous pressure, with declining sales, unsold inventory and a massive debt of 2.5 billion euros. KTM was in a deep state of distress for the last few years. While parent company Bajaj Auto did infuse the ailing Pierer Bajaj AG with 50 million euros to stop it from going completely down under, the story of KTM's survival is far from over. The company sold MV Agusta back to its original owners, went into a 90-day self-administration period and laid off a significant number of employees, to reduce its financial burden. Other measures include a planned reduction in manufacturing by up to 25 per cent, and outsourcing manufacturing to India and China. The company's creditors approved a restructuring plan of 750 million euros in March 2025. In India, since the beginning of 2025, KTM has launched the 390 Adventure along with the 390 Enduro R in February and March, with the KTM 390 SMC R in the pipeline for a launch soon. While KTM technically does sell its big bikes here in India, its maximum sales come from its current motorcycle range of up to 400 cc.
