ADVERTISEMENT
  • Privacy Politics
  • Contacts
Tuesday, November 19, 2024
  • Login
Motorcycle Sports
  • MotoGP
    • Moto2
    • Moto3
    • MotoE
    • Red Bull MotoGP Rookies Cup
  • WSBK
    • WSSP
    • WSSP300
  • Motocross
    • AMA 250 MX
    • AMA 450 MX
    • MXGP
    • MX2
    • Supercross
      • AMA 250 SX
      • AMA 450 SX
      • WSX
  • Enduro
    • EnduroGP
    • Hard Enduro
    • SuperEnduro
  • BSB
  • Motorcycle News
    • Reviews
  • Rally
    • Dakar
  • PREMIUM
  • English
    • English
    • Español
    • Italiano
    • Français
    • Deutsch
    • 日本語
  • Login
    • Pricing
    • Register
    • Account
No Result
View All Result
  • MotoGP
    • Moto2
    • Moto3
    • MotoE
    • Red Bull MotoGP Rookies Cup
  • WSBK
    • WSSP
    • WSSP300
  • Motocross
    • AMA 250 MX
    • AMA 450 MX
    • MXGP
    • MX2
    • Supercross
      • AMA 250 SX
      • AMA 450 SX
      • WSX
  • Enduro
    • EnduroGP
    • Hard Enduro
    • SuperEnduro
  • BSB
  • Motorcycle News
    • Reviews
  • Rally
    • Dakar
  • PREMIUM
  • English
    • English
    • Español
    • Italiano
    • Français
    • Deutsch
    • 日本語
  • Login
    • Pricing
    • Register
    • Account
No Result
View All Result
Motorcycle Sports
No Result
View All Result
Home Motorcycle News

KTM faces serious financial crisis and restructuring: GASGAS and Husqvarna may be in danger

by Antonio Mendes
August 29, 2024
in Motorcycle News
4.6k 291
0
KTM enfrenta grave crise financeira e enfrenta reestruturação

Source: Motorcycle.news

5.8k
SHARES
97k
VIEWS
Share on FacebookShare on Twitter

KTM is a sports giant and one of the most renowned motorcycle manufacturers, but even its huge global presence doesn’t mean it’s exempt from financial crises and that’s exactly what’s happening, forcing the mighty Austrian company to restructure.

KTM is in an alarming financial situation, having suffered a massive loss of 2.5 billion euros. This unprecedented crisis raises serious questions about the future of the Austrian company, owned by the Pierer Mobility group.

Faced with this worrying scenario, KTM has embarked on a comprehensive restructuring process aimed at reducing costs and optimizing its operations. Among the most drastic measures are a significant reduction in motorcycle production, cuts in investments in motorcycle competitions and the possible elimination of the GasGas brand from its portfolio, as well as the hypothetical discontinuation of the Husqvarna brand.

Several factors have contributed to this critical situation, including high interest rates in the United States and a sharp drop in sales in European markets. In response, the Pierer Mobility group is reorienting its strategy towards the Asian market, where sales have shown greater resilience.

However, this shift in focus could have consequences for Western consumers, as it could result in less investment in the development of models traditionally popular in Europe and North America.

As far as competitions are concerned, KTM plans to drastically reduce its presence. The Austrian brand will be the only one to maintain a significant participation, relying on the support of its main sponsor, Red Bull.

This crisis at KTM reflects the challenges currently facing the motorcycle industry in an increasingly uncertain and competitive global economic context.

Tags: KTM
Share2328Tweet1455

Recommended For You

For the weekend, but only by name: the new and affordable Silence S05 Weekender

by Bernardo Matias
November 18, 2024
0
Para o fim de semana, mas só de nome: A nova e acessível Silence S05 Weekender

Silence, the Acciona brand for electric vehicles, unveiled the new S05 Weekender at EICMA 2024. But don’t be misled by the name. This is marketed as a motorcycle...

Read moreDetails

Mind-blowing: Kite Bike, a flying Yamaha!

by Bernardo Matias
November 18, 2024
0
Só podia vir da Austrália: Kite Bike, uma Yamaha voadora!

Motorcycles and flight – two passions that evoke strong emotions for many enthusiasts. Kite Bike, ridden by Kale Makeham, brings these two fascinating worlds together. As the name...

Read moreDetails

Benda Motorcycles brings big news for 2025

by Bernardo Matias
November 18, 2024
0
Benda Motorcycles com muitas novidades para 2025

Benda Motorcycles showcased its new models for 2025 at EICMA in Milan. The brand, which made its debut at the same event last year, introduced four motorcycles and...

Read moreDetails

Aprilia Tuono 660 Factory renewed and enhanced for 2025

by Bernardo Matias
November 18, 2024
0
Aprilia Tuono 660 Factory renovada e enriquecida para 2025

One of the new Factory versions from Aprilia for 2025 is the updated Tuono 660 Factory, a more dynamic, aggressive, and sporty variant of the Noale-based brand's sport...

Read moreDetails

Moto Guzzi V7 Sport: Elegance and performance in service of tradition (with gallery)

by Antonio Mendes
November 18, 2024
0
Moto Guzzi V7 Sport: Elegância e desempenho ao serviço da tradição (com galeria)

The Moto Guzzi V7 Sport emerges as a landmark in the history of the legendary Italian brand, combining classical character with modern technologies. At the heart of this...

Read moreDetails
ADVERTISEMENT
ADVERTISEMENT
Motorcycle Sports

© 2023 Motorcycle Sports - Premium news & magazine MotorcycleSports.

Navigate Site

  • Privacy Politics
  • Contacts

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • MotoGP
    • Moto2
    • Moto3
    • MotoE
    • Red Bull MotoGP Rookies Cup
  • WSBK
    • WSSP
    • WSSP300
  • Motocross
    • AMA 250 MX
    • AMA 450 MX
    • MXGP
    • MX2
    • Supercross
      • AMA 250 SX
      • AMA 450 SX
      • WSX
  • Enduro
    • EnduroGP
    • Hard Enduro
    • SuperEnduro
  • BSB
  • Motorcycle News
    • Reviews
  • Rally
    • Dakar
  • PREMIUM
  • English
    • English
    • Español
    • Italiano
    • Français
    • Deutsch
    • 日本語
  • Login
    • Pricing
    • Register
    • Account

© 2023 Motorcycle Sports - Premium news & magazine MotorcycleSports.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
x