It seems KTM have gone into administration. I don’t know what this means for their future participation in MotoGP.
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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The latest…
https://m.gpone.com/en/2024/11/30/motogp/creditors-stefan-pierer-digs-into-his-pockets-to-save-ktm.html
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I don’t know how accurate that article is, but it makes pretty grim reading. Well, at least it does for the thousands of employees who will lose their jobs and the creditors who won’t see any of the money they’re owed for probably a couple of years 
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I wonder if they regret not supplying bikes to Ewen and Charlie, and letting them ride The Long Way Round on BMW’s?? 
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A short video about KTM failure - he suggests pricing, association with CFMoto, design, reliability and not sorting out camshaft issues on 790/890 bikes all contributed.
Some of the comments are interesting too. 
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More fallout from the trouble KTM are having. Not a good time to be working there. Fingers still crossed that they manage to come out the other side as a viable manufacturer.
KTM are still in the fight. Citibank brought in to help them restructure. Existing customers shouldn’t worry and new models still expected.
…or are they. 
For the sake of the employees I hope there is more accurate information available to them outside of the public domain
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There probably is but the news for the employees is going to be inevitably grim.
Hard to believe that they would continue to pour hundreds of millions into top level motorsport after going bankrupt. It may have been their previous strategy but that strategy led them to bankruptcy.
Their official statement would suggest they have learned nothing from their mistakes.
How’s this for a striking headline.
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That would make me even less likely to buy a KTM 
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The struggle for survival continues. Yesterday the Pierer Group announced they’ve received several offers from investors. If I’m reading the press release correctly, they’ve potentially achieved a goal of being able to support up to 30% of the business. Something like that.
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Anyone fancy a punt? @Andyc1 might have more of an insight?
