KTM Slashes 300 Austrian Employees/GasGas and Huskys will be Electric
 

https://www.advrider.com/piere-mobil...ions-overseas/

Maybe I read this wrong but KTM is cutting 300 Austrian Factory jobs that will go to Asia and selling off FELT and R Raymond Brands to focus on Husky and Gasgas ebikes. It seems like a downsizing shift that KTM has done before(ie Husbaberg). Am I wrong?

Maybe the Gasgas and Husky brands will disappear from the motorcycle market?

They have to pay for the KTM and GasGas MotoGP effort somehow.

Or
"This planned measure will lead to a significant reduction in total assets and thus to a higher equity ratio for the group. The associated negative impact on the company?s cash flow for the 2023 financial year is being consciously accepted."

Whatever that means. . .
KTM - READY TO RACE

That makes sense.

I was told, that by moving their manufacturing to China, KTM is saving $2k to $3k per ADV bike.

Wow,that is a lot.

I?m sure consumers won?t see that savings.