motogrady wrote
Anyway, I’ve noticed a few threads on other sites, dirt sites, where guys are starting to second guess buying another KTM. Not that it isn’t one of, for sure, and maybe the best 250 and 450 dirt bike out of the crate.
And that my friends, is a very serious issue for Orange.
That, I think is going to hurt them the most. They are going to have to make one heck of a financial turn around to get confidence back in the people.
With a drop in production in '25 and '26 this will leave fewer KTM's on the floors of dealers which should help get rid of the excess they have and give them a couple years to turn their finances around and give hope back to the KTM'ers that have wore out their current KTM's.
I'm curious if they will hold up their R&R for those two years as well.
They are basically borrowing $700 million from investors to help pay off a $3 billion to liabilities banks, suppliers and employees salaries. That is some brave investors.
One does have to wonder, how did they get in such a deep hole?
Expanding too fast?
Covid?
Too much paid to executives?
Interesting that the previous owner of MV is rumored to buy back 50.1% from KTM.
With MV having some of their own issues with overproduction, they currently have 2,000 leftovers sitting in a warehouse, I suspect he, Timur Sardarov, will get it back for less than he sold it for.
Sound familiar?
It seems a lot of luxury leftovers sitting around at several types of dealerships.
I'm curious how the big three in the land of the Rising Sun are doing on sales.