1 week ago
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15th November 2024, 07:05
| #1 |
| Team-BHP Support
Join Date: Jun 2006 Location: Bangalore / TVM Posts: 17,585 Thanked: 75,903 Times | Rumour: Bajaj could get a controlling involvement successful KTM AG It is nary concealed that KTM AG is struggling with its financials! From being successful a precise assured presumption past year, acquiring caller brands similar MV Agusta successful the institution portfolio that already included the likes of KTM, Husqvarna and GasGas - the institution has reported heavy losses this twelvemonth and presently going done layoffs, adjacent astatine the committee level. Now a caller property merchandise titled "PIERER Mobility AG: Far-reaching restructuring and further liquidity request astatine KTM AG" released by the marque hints astatine talks ongoing with Bajaj to infuse currency into the institution successful speech for a controlling stake. The property connection was released arsenic an "adhoc announcement" pursuing the accustomed property merchandise of their Q3 financials - which amusement the gravity of the situation. Quote: "The Executive Board is presently moving connected securing the financing of KTM AG, successful peculiar connected a span financing successful the three-digit cardinal range." The study calls retired Far-reaching restructuring indispensable astatine KTM AG level. Quote: "To this end, discussions are ongoing some with the halfway shareholder Pierer Bajaj AG and with existing fiscal creditors. The purpose is to hold a standstill statement with the fiscal creditors progressive for the duration of these discussions arsenic ground for the fiscal restructuring." The Bajaj – KTM concern began successful 2007 erstwhile Bajaj Auto International Holdings BV (BAIHBV) picked up a 14.5% involvement successful KTM Power Sports AG and subsequently launched the marque successful India. BAIHBV gradually accrued its involvement to 48%. In 2021, the shareholding was simplified erstwhile BAIHBV swapped 46.5% of its holding to summation a 49.9% involvement successful PTW Holding AG (the KTM group’s genitor company). Any further currency infusion from Bajaj would astir apt beryllium successful speech of having a controlling involvement successful the company. Last edited by CrAzY dRiVeR : 15th November 2024 astatine 07:36. |
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15th November 2024, 12:24
| #2 |
| BHPian Join Date: Nov 2014 Location: Pune Posts: 894 Thanked: 3,201 Times | Re: Rumour: Bajaj could get a controlling involvement successful KTM AG Quote:
Originally Posted by CrAzY dRiVeR It is nary concealed that KTM AG is struggling with its financials! From being successful a precise assured presumption past year, acquiring caller brands similar MV Agusta successful the institution portfolio that already included the likes of KTM, Husqvarna and GasGas - the institution has reported heavy losses this twelvemonth and presently going done layoffs, adjacent astatine the committee level. I was amazed to spot CFMoto successful the company's group structure successful the presumption of KTM large bikes shown yesterday! Time for consolidation oregon diversification? Some brands beryllium conscionable arsenic an other enactment which is imaginable owed to level sharing. For example, the KTM-Husqvarna models oregon the KTM-GasGas models. What I mean is, its conscionable a antithetic spirit of the KTM bikes. Will specified brands beryllium sacrificed to support the mother-ship afloat? Only clip volition reveal.
Happy riding, |
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15th November 2024, 12:51
| #3 |
| BHPian Join Date: Nov 2022 Location: Kochi Posts: 477 Thanked: 641 Times | Re: Rumour: Bajaj could get a controlling involvement successful KTM AG CF moto bikes could bash good here, provided Bajaj takes work for income and service, successful an authoritative manner. Their models look good, positive connected insubstantial feels good specced . Bajaj equals tenable rates and lawsuit service. It's the main crushed I purchased the Triumph S400. The KTM's person go costly with no(perceived) summation successful prime feel. The Speed 400 does consciousness supra astir different competitors wrt build/finish levels. No rattles connected that till date. Last edited by Senotrius : 15th November 2024 astatine 12:56. |
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15th November 2024, 16:39
| #4 |
| BHPian Join Date: Jul 2022 Location: Chennai Posts: 83 Thanked: 319 Times | Re: Rumour: Bajaj could get a controlling involvement successful KTM AG Although CF Moto did effort to motorboat successful India, (or did it), I person ne'er truly seen adjacent one, neither successful idiosyncratic nor connected the forum. Visited their website retired of curiosity but seems to beryllium dormant oregon outdated. For a institution which seemingly does good overseas, they could beryllium profitable present excessively if they're superior astir it. They bash person immoderate absorbing KTM-derived models. They tin participate the marketplace by pricing them competitively and taking up the space. Personally, I don't deliberation Bajaj has the abilities to instrumentality connected absorption responsibilities of KTM, which is chiefly a premium motorcycle manufacturer. With brands similar KTM, Husqvarna etc - they could travel the dual merchandise strategy - 1 which keeps the institution running, wide marketplace products and the other, premium niche segments. Almost each bully automotive institution resorts to immoderate signifier of this, but luxury brands. |
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15th November 2024, 21:09
| #5 |
| BHPian
Join Date: Feb 2016 Location: Pune Posts: 643 Thanked: 1,166 Times | Re: Rumour: Bajaj could get a controlling involvement successful KTM AG If Bajaj does get a controlling stake, I anticipation the archetypal happening they bash is occurrence Kiska designs. The designs utilized to beryllium successful your face, antithetic and polarizing adjacent previously. But bikes are conscionable plain disfigured astatine this point. |
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