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KTM's financial woes

Discussion in 'General' started by Senna, Oct 22, 2024.

  1. Critter

    Critter Registered

    LOL don't mention that to Suzuki.....
     
    wac, TurboBlew and Once a Wanker.. like this.
  2. eggfooyoung

    eggfooyoung You no eat more!

    I actually just swapped the front Brembos on my 24 for the Maguras from my 18. I much prefer the more plush front lever.
     
    Once a Wanker.. likes this.
  3. Once a Wanker..

    Once a Wanker.. Always a Wanker!

    Senna likes this.
  4. PatricksDad

    PatricksDad Won’t die a blob

  5. onesixsix

    onesixsix Untitled

    Isn't this just more debt? I suppose Bajaj is buying more ownership % by providing the interim loan. But from the perspective of clearing KTM's books of debt, interim financing (i.e., debt) isn't gonna do it. Is it?
     
  6. Critter

    Critter Registered

    It depends on who yo owe that debt too, if the lender does not call in the note than who cares
     
    Once a Wanker.. likes this.
  7. Big T

    Big T Well-Known Member

    I see in various media that KTM is "saved" by the Bajaj money.

    They don't understand that this money is just to pay off the creditors at the agreed 30% rate.

    KTM has no money to restart production. Suppliers are not going to extend KTM credit for needed parts. Where that money is going to come from is unknown.

    Seems to me that Pierer will be out and Bajaj will be in charge in the near future.

    Side note- a local rider had his Norden 901 engine fail after an airbox seal failed and it ingested a bunch of dirt. He needs new pistons, been on order since November, constant "a few more months" on the timeline. Nothing in the aftermarket
     
  8. prospected

    prospected Well-Known Member

    Ducati has actually gone bankrupt and neared it in recent times to include multiple debacles by MV and Aprilia. They could've said fuck it and walked away but at least they're trying. Perhaps they should've walked off and perhaps it would satisfy more folks on the forum.
     
    Once a Wanker.. likes this.
  9. Big T

    Big T Well-Known Member

    The difference with Ducati is that it had little value in the 80s, so the Castiglioni family could scoop it up for a song.

    KTM is negative 3B euros
     
    Once a Wanker.. likes this.
  10. Boman Forklift

    Boman Forklift Well-Known Member

    I don’t believe the big banks would have loaned them the money if there was no working capital and the belief it would be a continued manufacturer.
     
    Once a Wanker.. likes this.
  11. Once a Wanker..

    Once a Wanker.. Always a Wanker!

    I know of several 690 /701's fitted with a certain aftermarket air filter modification kit have had this same issue.
    My dealership warned me to avoid said kit,
     
  12. Big T

    Big T Well-Known Member

     
  13. Boman Forklift

    Boman Forklift Well-Known Member

    Yes, I read that. You said there was no money to restart production. I think that Bajaj had to prove they have enough to restart production and continued the KTM company or they wouldn't have gotten the loan.
     
    PatricksDad and Once a Wanker.. like this.
  14. Once a Wanker..

    Once a Wanker.. Always a Wanker!

  15. Rdrace42

    Rdrace42 Almost Cheddar

    Yay! More chocolate camshafts!
     
    Once a Wanker.. likes this.
  16. LukeLucky

    LukeLucky Well-Known Member

    It's a beautiful thing that MV got out when they did.
     
    Once a Wanker.. likes this.
  17. Once a Wanker..

    Once a Wanker.. Always a Wanker!

    Who's the boss man now? :D
     
  18. LukeLucky

    LukeLucky Well-Known Member

    I wouldn't doubt they'll parade around Gottfried or whichever Austrian, but they won't be actually "in charge".
     
    Once a Wanker.. likes this.
  19. TurboBlew

    TurboBlew EeVee range testor and subsidy recipient

    Perfect to get Hershey aboard
     
  20. onesixsix

    onesixsix Untitled

    Wonderful... now I can complete the set. :D

    [​IMG]
     
    Once a Wanker.. likes this.

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