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

submitted 1 week 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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[–] M33@lemmy.sdf.org 6 points 1 week ago (1 children)

Expensive bikes, many riders pushing them very hard and poor maintenance is a perfect receipe for failure as a brand.

[–] LowtierComputer@lemmy.world 2 points 5 days ago

My coworker maintains his like KTM is blackmailing him. And he still has had issues with the almost brand new bike.