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KTM Is Doing So Badly, It's Probably Going to Be Sold (www.rideapart.com)

submitted 23 hours ago by blindbunny@lemmy.ml to c/motorcycles@lemmy.world

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cross-posted from: https://fedia.io/m/micromobility@lemmy.world/t/1435997

KTM's parent company, Pierer AG, is in deep financial trouble as it blames economic conditions for its failings. But things are so bad, its latest financial release hints its possibly looking to sell a majority stake in the company.

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[–] dual_sport_dork@lemmy.world 1 points 9 hours ago (1 children)

Well, they could maybe try making a motorcycle that will remain operational for more than a distance of nine consecutive feet. Did anyone in the boardroom think of that?

[–] blindbunny@lemmy.ml 1 points 8 hours ago

I'm with you but it wasn't always this way. It seems like this started happening after KTM got bought...