Latest news with #CFMoto
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.
NDTV
21-04-2025
- Automotive
- NDTV
CFMoto Announces New CFLite Sub-Brand; Will Cater To Small-Displacment Bikes
Chinese two-wheeler company CFMoto, has announced the launch of a new sub-brand called CFLite, which will exclusively cater to low-displacement two-wheelers. The announcement was made at the Makina Moto Expo 2025, in the Philippines. The company also showcased three new motorcycles under the new brand - 250NK Lite, 250SR Lite and Dual 230. The idea is to cater to the South-East Asian and South American markets, where there is a large demand for low-displacement scooters and motorcycles. Now, CFMoto is already looking to enter India but will it also bring along the CFLite brand, that hasn't been confirmed yet. Dual 230 As is evident from the name, the CFLite Dual 230 is a dual-sport motorcycle which gets a 223 cc single-cylinder carburetted engine. What is also on offer is a 21-inch front wheel and an 18-inch rear, with long travel suspension and disc brakes at either end. Mechanically, it is a simple motorcycle and will likely be positioned as a budget off-road friendly motorcycle. 250NK Lite The 250NK Lite is a more affordable version of the CFMoto 250 NK, with it getting a 249 cc single-cylinder liquid-cooled engine making 27 bhp and 22 Nm, telescopic fork, rear monoshock, LCD instrument console, upright seating position and disc brakes at either end. 250SR Lite The 250SR Lite is a fully-faired supersport, with the same 249 cc single-cylinder engine as the 250NK Lite, making the same 27 bhp and 22 Nm. Other features also stay the same as the 250 NK Lite, including the LCD display, disc brakes and so on.
