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Old 12-31-2023, 10:03 PM
Moto7man Moto7man is offline
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Default 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?


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  #2  
Old 01-01-2024, 03:05 PM
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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
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Old 01-04-2024, 01:25 AM
Moto7man Moto7man is offline
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Quote:
Originally Posted by (F5) View Post
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.
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"If you stop eating donuts you will live 3 years longer. It's just 3 more years that you want a donut."
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  #4  
Old 01-04-2024, 07:39 AM
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gasgasman gasgasman is offline
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I was told, that by moving their manufacturing to China, KTM is saving $2k to $3k per ADV bike.
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Old 01-06-2024, 07:33 AM
Moto7man Moto7man is offline
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Quote:
Originally Posted by gasgasman View Post
I was told, that by moving their manufacturing to China, KTM is saving $2k to $3k per ADV bike.
Wow,that is a lot.
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"If you stop eating donuts you will live 3 years longer. It's just 3 more years that you want a donut."
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  #6  
Old 01-06-2024, 10:54 AM
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I?m sure consumers won?t see that savings.
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