RE: KTM situation (update as of 11/14/24) - 3

Zitat von Mr. 36654 im Beitrag #30

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Considering the amount of public money that southern states threw at car plants, it'll be interesting to see how this plays out. I see a lot of finger pointing and pontificating in the future, when it's really corporate business decisions gone wrong. This isn't the first time Chrysler, Fiat or Nissan has been in financial trouble.

Honestly, if someone told me YUGO arose from the grave and bought FCA from PSA, I would call it destiny.

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"Tens of thousands" of motorcycles sitting in warehouses...

https://motorcyclesports.net/could-the-h...ome-from-india/

https://motorcyclesports.net/terrifying-...2000-creditors/

"Unable to pay salaries..."

https://motorcyclesports.net/ktm-ag-tigh...istmas-bonuses/

Zitat von wessie im Beitrag #33

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Zitat von BEARR im Beitrag #32

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"Tens of thousands" of motorcycles sitting in warehouses...

https://motorcyclesports.net/could-the-h...ome-from-india/

https://motorcyclesports.net/terrifying-...2000-creditors/

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I think KTM and the other brands will be owned by an Asian company soon. Whether that is Bajaj or CF Moto is yet to be determined. What we do not know is which banks are involved. Who is the major creditor for that 1.3 billion euros? Are they linked to either of these Asian companies?

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Any sale to an outside buyer, such as India, sounds like a distress sale. The buyer would clearly know there are significant issues and would price their bid accordingly. My sense is KTM is the "canary in the coal mine" for the motorcycle industry. If Warren Buffett sees no value in the equity marketplace, you can be sure other savvy investment houses see that as well. It looks very much like discretionary spending is quietly vaporizing, while average investors continue to pour money into a highly speculative economy/market.

If KTM is in MotoGP next year, I'll be surprised.

Zitat von BEARR im Beitrag #35

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Any sale to an outside buyer, such as India, sounds like a distress sale. The buyer would clearly know there are significant issues and would price their bid accordingly. My sense is KTM is the "canary in the coal mine" for the motorcycle industry. If Warren Buffett sees no value in the equity marketplace, you can be sure other savvy investment houses see that as well. It looks very much like discretionary spending is quietly vaporizing, while average investors continue to pour money into a highly speculative economy/market.

If KTM is in MotoGP next year, I'll be surprised.

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On the subject of falling sales, Stellantis CEO steps down (or was forced out), amid a glut of vehicles sitting unsold. Consumers balking at ever-higher vehicle prices (sound familiar, BMW motorcycle buyers?).

Who's next?

https://www.cnn.com/2024/12/01/business/...down/index.html

Zitat von BEARR im Beitrag #37

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On the subject of falling sales, Stellantis CEO steps down (or was forced out), amid a glut of vehicles sitting unsold. Consumers balking at ever-higher vehicle prices (sound familiar, BMW motorcycle buyers?).

Who's next?

https://www.cnn.com/2024/12/01/business/...down/index.html

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The evidence continues to accumulate:

https://www.ttnews.com/articles/bosch-cut-5500-jobs

And equity markets continue to ignore the evidence as speculative fever takes full flight.

"Caveat emptor"...

EV VW sales problems !!! https://www.dailymail.co.uk/news/article...c-vehicles.html

Revolt at Volkswagen: Electric car crisis spreads to Germany as it plans to close factories for the first time in its HISTORY and thousands of workers go on strike

Every car/bike I bought was either a price(young/what I could afford) or a choice (looks/engine/design - our XJ6/XJ40 Jaguar) and Kawasaki/bmw/Yamaha/RoyalEnfield Hiamalayan)
Even our new Lexus LBX Hybrid as something I chose as a compromise, but now? Not going to be a woke jag'you'arr in any colour. And the choice of which electric milk float, no matter what shape/design/performance will never be anything more than A to B transport, just a fridge (white goods?) on wheels. Same with two wheels, will not be getting any ev and at my age I would guess my thoughts are not of any consequence to future vehicle production. Still think I may go for one of the last R1250's roadster R or another RS that seem to be cluttering up many uk dealerships.
As far as KTM - nope - took too long to respond to engine/warranty work and now seems less likely for warranty to be completed, who knows. Once confidence is lost or in doubt they have an issue, bmw may be an expensive choice, cars or bikes, but 20 years have certainly shown me they are a reliable option for motorcycles.

Interesting there are so many RS bikes unsold in UK dealerships. Looks like US dealers, too...just looked at Cycle Trader dealer inventories of RS's.

Zitat von BEARR im Beitrag #42

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Interesting there are so many RS bikes unsold in UK dealerships. Looks like US dealers, too...just looked at Cycle Trader dealer inventories of RS's.

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Zitat von Lee im Beitrag #44

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Zitat von BEARR im Beitrag #42

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Interesting there are so many RS bikes unsold in UK dealerships. Looks like US dealers, too...just looked at Cycle Trader dealer inventories of RS's.

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I'm not used to looking at the Cycle Trader site. I see 106 new 2024 R1250RS bikes in the US. Is that what you get?

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