Pumpkins in the news

[Fred1956]

From DealerNews:

Bajaj Auto boosts KTM stake to 47 percent
Publish date: Apr 4, 2012
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Indian OEM Bajaj Auto has increased its ever-creeping share of Austrian marque KTM Power Sports to just over 47 percent.

Bajaj bought another 6.3 percent of KTM recently with a purchase from one of the key stakeholders through an open market transaction, according to the Economic Times of India. A senior Bajaj official confirmed the purchase, but details are confidential.

Bajaj Auto is the second-largest shareholder in KTM. Other large shareholders-Stefan Pierer and Rudolf Knuenz-hold more than 51 percent stake. Bajaj Auto and KTM are working on a few joint development projects.

Bajaj-KTM introduced the KTM Duke 200 in India in January and are working to get a toehold in Brazil and the other emerging markets such as Malaysia and Indonesia. Cross Industries and Bajaj Auto entered a joint venture in 2008 to manufacture KTM 125cc motorcycles in India for sale in European markets.

Posted by Holly Wagner

[twowheels]

Originally Posted by Fred1956

From DealerNews:

Bajaj Auto boosts KTM stake to 47 percent
Publish date: Apr 4, 2012
Email|Print|Share|Save|License
Indian OEM Bajaj Auto has increased its ever-creeping share of Austrian marque KTM Power Sports to just over 47 percent.

Bajaj bought another 6.3 percent of KTM recently with a purchase from one of the key stakeholders through an open market transaction, according to the Economic Times of India. A senior Bajaj official confirmed the purchase, but details are confidential.

Bajaj Auto is the second-largest shareholder in KTM. Other large shareholders-Stefan Pierer and Rudolf Knuenz-hold more than 51 percent stake. Bajaj Auto and KTM are working on a few joint development projects.

Bajaj-KTM introduced the KTM Duke 200 in India in January and are working to get a toehold in Brazil and the other emerging markets such as Malaysia and Indonesia. Cross Industries and Bajaj Auto entered a joint venture in 2008 to manufacture KTM 125cc motorcycles in India for sale in European markets.

Posted by Holly Wagner

One of the Bajaj scions said they wouldn't take more than a 49.9% stake in KTM because the brand has a certain prestige and they didn't want to tarnish that. Problem is, you can't be a little bit pregnant

[Cruiser]

Sad part is(for KTM and customers) is they have already moved some R&D and manufacturing to india.. mainly the 690. After the 2012 will no longer be an austrian built bike.. The new big bike line may be coming from that region to just like the BMW.

[blitz11]

A few months ago, I had an inquiry by a potential graduate student wanting to study in our lab. He was Indian (90% of engineering grad students in the U.S. are either Chinese or Indian), and he was working on KTM bikes at Bajaj. I can't remember for sure what he was working on (I receive at least 15 requests by students per week), but he didn't ride dirt bikes (i asked).

These days, if you want to grow, you have to sell your soul.

[Rick]

And they have sold out!!!!!!