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Ktm has gone into administration

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By *ingdomNightTimePleasures OP   Man
over a year ago

nearby

Ktm in Austria has gone into administration

Announcement says it won’t affect customers, parts etc. company looking for a buyer to take on their debts.

What about warranties if they do actually fold

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By *rafter69Man
over a year ago

upminster

No idea. I really fancy a duke1290 but think I will hold out in the short term see what happens.

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By *asher11Man
over a year ago

mkt harboro

they were doing really good deals at the bike show glad now i didnt sign on the dotted line

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By (user no longer on site)
over a year ago

Will it affect their motogp, moto 3 & 2 racing program that would save millions of euros if they shut them down.

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By (user no longer on site)
over a year ago

I imagine there will be some terrific deals over this winter. They allegedly have many months worth of surplus stock and are completely ceasing production for Jan and feb.

The trick is probably to get the dealer to include a third party warranty policy if you think the new owners will shirk. Good chance that in the crooked world of bankruptcy law the new owners will be the old owners minus debts, and suppliers et hung out to dry and won't get paid their old debts.

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By *nobMan
over a year ago

newport

I hope a European or American buyer can be found.Rather than the Chinese or an Indian company which seem to be rapidly taking over the motorcycle industry.

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By * and BCouple
over a year ago

Durham

It's amazing how a company can go from a £300 million profit in 2023 to a 3 billion debt 2024. They are hoping the restructure will save them by ceasing production in January and concentrate on selling the thousands of bikes they have unsold in Bike show rooms around the world. Trouble is like some have said in this thread, they now will not buy their product due to worry of either no warranty or no delivery, we've all seen the problems with liquidation and losing your money. Hope they get through it but I don't see how

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By (user no longer on site)
over a year ago

Wasn't they using Chinese components in the engine, I've seen alot of complaints about it maybe I read it wrong

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By (user no longer on site)
over a year ago

Most parts of a TIM are Chinese or Indian already...just as most parts of a triumph are Thai. That does mean the most likely scenario is Chinese or Indian ownership with a Mr Pierer as figurehead.

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By (user no longer on site)
over a year ago

KIM...not TIM.

Sorry to Tim's everywhere!

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By (user no longer on site)
over a year ago

KIM...not TIM.

Sorry to Tim's everywhere!

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By (user no longer on site)
over a year ago

that would be Tims, not Tim's

Sorry to spellteacher's everywhere

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By (user no longer on site)
over a year ago

I'm confused now lol

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By (user no longer on site)
over a year ago

Me too 🤣 obviously!

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By *he BackagainsCouple
over a year ago

perthshire

Well to be perfectly honest, in my humble opinion, of course without offending anyone who thinks differently from my point of view, but also by looking into this matter in a different perspective and without being condemning of one's view's and by trying to make it objectified, and by considering each and every one's valid opinion, I honestly believe that I completely forgot what I was going to say.

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By *asher11Man
over a year ago

mkt harboro


"Well to be perfectly honest, in my humble opinion, of course without offending anyone who thinks differently from my point of view, but also by looking into this matter in a different perspective and without being condemning of one's view's and by trying to make it objectified, and by considering each and every one's valid opinion, I honestly believe that I completely forgot what I was going to say.

"
succinctley put

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By *ngelnfugyCouple
over a year ago

Edinburgh/ Dundee/ Dubai


"Well to be perfectly honest, in my humble opinion, of course without offending anyone who thinks differently from my point of view, but also by looking into this matter in a different perspective and without being condemning of one's view's and by trying to make it objectified, and by considering each and every one's valid opinion, I honestly believe that I completely forgot what I was going to say.

"

Sounds like Fugys patter on a meet

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By (user no longer on site)
over a year ago

Best laugh is millennium motorcycles

In Thatto heath has just started a big ktm section and clothing

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