It seems KTM have gone into administration. I don’t know what this means for their future participation in MotoGP.
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That sucks
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What the actual…! According to MCN they’ve gone in to ‘self-administration’, which is obviously not good but isn’t the same as liquidation. Let’s hope they can restructure their finances and get back to selling bikes.
What is wrong with all these dealers and manufacturers these days? They’re just dropping like flies. Glad I don’t need them.
They’ll restructure and continue, but it’ll be bad news for the employees and it’s hard to see how or why they would continue spending millions on motorsport when their employees and suppliers are going to lose out.
In all honesty not a brand I will miss sorry, they got greedy when they introduced a subscription model to activate components such as cruise control when the physical part was already there.
I also think their pricing went a bit bonkers when their bread and butter was predominantly off road, they shifted into supersport and the superduke, which did well in 2005 ish but I think the brand has not evolved enough since. The superduke was marmite and damn dear to run, build quality was poor also.
I sat on some at the NEC once, it was quite comical seeing my likkle legs dangling in thin air. Their repeated tactics of selling the outgoing year models off cheaply, thereby making existing customers bike worth far less overnight can’t have done them any favours.
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