I don't know if you've heard, but KTM is in some serious trouble. Aside from layoffs, insolvency hearings, MotoGP development pauses, and a culling of the board, it really hasn't sold all that many motorcycles over the last year. How many hasn't it sold you ask?
How does a year's worth sound? Or to put it into actual numbers, 265,000 unsold motorcycles. Low wolf whistle...
According to the German publication Der Standard, the number came out during the company's insolvency hearings, in which creditors, stakeholders, and an insolvency judge, decided on the future of the company's restructuring plan. In these proceedings, lawyers argued that the vast majority of the issues that led to KTM's insolvency were based on management decisions, including those around overproduction.
