KTM Confirms New and Existing Customers Won’t be Affected by Financial Woes
KTM has confirmed customers won’t be impacted by its financial woes which will result in the Austrian company going into self-administration
KTM’s ongoing financial wobble, which will see them apply for self-administration on 29 November, has been a hot topic of discussion in the motorcycle world of late, however, it has clarified its position with regards to taking care of current and new customers.
The manufacturer has not slowed down with its introduction of new models despite ongoing financial problems, in fact, it’s been just as prevalent as ever with various new bikes set to land in 2025 including a new 790 Adventure, 890 Adventure R, 1390 Super Adventure S, 990 Duke R and 1390 Super Duke GT just to name a few.
However, its owner Pierer Mobility confirmed earlier this weekend that tomorrow will see an application for self-administration in which it will attempt to complete a reorganisation plan within 90 days, in a bid to create a brighter future.
It is believed that KTM will pause production in January and February next year, while a significant amount of job cuts have also taken place along with the reduction in its executive board which has dropped from six to two.
But the Austrian company has confirmed to its current and new customers that it does not intend to change anything regarding how it operates with supplying parts, motorcycles and accessories.
A statement from KTM said: “KTM customers and new customers have no need to fear any negative impacts. Nothing will change for our customers. Of course, we guarantee that we will continue to deliver motorcycles, spare parts and accessories under the usual conditions. There will be no irregularities - neither in the flow of goods nor in customer service.
“KTM is undergoing a restructuring phase over the next 90 days to align the company with global demand. Until then, customers will not notice this pit stop for the future. KTM is also well prepared for the upcoming road season thanks to new models such as the KTM 125 SMC R, KTM 390 SMC R and the KTM 125 ENDURO R, KTM 390 ENDURO R, as well as the KTM 390 ADVENTURE and ADVENTURE R. These models will be delivered in the first quarter of 2025.”
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After graduating with a sports journalism degree, Robert joined Crash.net to lead the WorldSBK coverage in 2021, while also providing MotoGP coverage. Fulfilling that role for over three years, Robert was able to put his knowledge about all things racing to the test.
