KTM to file for Bankruptcy/ Self Restructuring on Friday

MXMattii
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4341
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BE
11/27/2024 4:45pm

How many times a day do you guys think Sexton calls Ducatti just to say Hi. 😬

You're aware of the fact that Ducati is owned by the Volkswagen Group? They closed a plant in Belgium and three in Germany, it's a rough time for the auto and motor industry.

8
1
Last2Stroke
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11/27/2024 4:54pm

How many times a day do you guys think Sexton calls Ducatti just to say Hi. 😬

MXMattii wrote:
You're aware of the fact that Ducati is owned by the Volkswagen Group? They closed a plant in Belgium and three in Germany, it's a...

You're aware of the fact that Ducati is owned by the Volkswagen Group? They closed a plant in Belgium and three in Germany, it's a rough time for the auto and motor industry.

Renault is offloading Nissan who may not survive.

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1

The Shop

Sandberm656
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11/27/2024 4:57pm

How many times a day do you guys think Sexton calls Ducatti just to say Hi. 😬

MXMattii wrote:
You're aware of the fact that Ducati is owned by the Volkswagen Group? They closed a plant in Belgium and three in Germany, it's a...

You're aware of the fact that Ducati is owned by the Volkswagen Group? They closed a plant in Belgium and three in Germany, it's a rough time for the auto and motor industry.

No, but perhaps you should inform Chase of this unfortunate development rather then me.

It would be a great opportunity for you to drop in some  of your socialist propaganda that you recently spouted in non moto.

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MxAddic
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11/27/2024 5:01pm
mooch wrote:
For anyone wondering what has PTsox so worked up and bitter here...this is the old thread he's referring to where he felt folks here were ganging...

For anyone wondering what has PTsox so worked up and bitter here...this is the old thread he's referring to where he felt folks here were ganging up on him.  To me, PTshox came across as quite arrogant and condescending.  His shenanigans are worth looking at if missed the first time...

https://www.vitalmx.com/forums/moto-related/engine-builders-or-moto-dad…

crybaby 7.jpg?VersionId=g
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RbR
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11/27/2024 5:11pm
bigk218 wrote:

How does this even happen?

MOTOGP

2
OleTex2
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Round Rock, TX US
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745th
11/27/2024 6:32pm

A torx head can take more torque than a hex. Screws this small need that. 

3
Team403
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Lago Vista, TX US
11/27/2024 8:32pm

Yeah Mr Supplier I’m going to need you to take .20/dollar on your aging - ok… so  I presume you’re reducing the racing exposure accordingly?  Naw man we still need to flex nuts - you dig?

4
11/27/2024 8:43pm

“Aluminum frame” and “last forever” are things physics doesn’t think belong together. 

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1
gerg
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AU
11/27/2024 9:37pm
Beagle wrote:
I usually refrain from feeding the trolls but you talk a big game so here's a couple questions for you: do you make motorcycles for a...

I usually refrain from feeding the trolls but you talk a big game so here's a couple questions for you: do you make motorcycles for a living? Do you race them in various AMA championships? Because if you don't, you're most definitely the armchair expert compared to JM.

PTshox wrote:
The only real question is who are YOU and your arm chair buddies going to attack next? I m sure it will be someone. You can't...

The only real question is who are YOU and your arm chair buddies going to attack next? I m sure it will be someone. You can't help yourself. 

mooch wrote:
For anyone wondering what has PTsox so worked up and bitter here...this is the old thread he's referring to where he felt folks here were ganging...

For anyone wondering what has PTsox so worked up and bitter here...this is the old thread he's referring to where he felt folks here were ganging up on him.  To me, PTshox came across as quite arrogant and condescending.  His shenanigans are worth looking at if missed the first time...

https://www.vitalmx.com/forums/moto-related/engine-builders-or-moto-dad…

Interesting read.

Was given plenty of requests to back up the claims but basically came back saying "I hate computers".

I'd polish my knob before the internals of engine cases.

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1
kage173
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11/27/2024 10:15pm Edited Date/Time 11/27/2024 10:18pm
bigk218 wrote:

How does this even happen?

You buy a company named GAS GAS and start using that brand to sell electric bikes and bicycles.

And you confuse government stimulus with a sustained increase in demand. 

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Motofinne
Posts
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FI
11/27/2024 11:14pm Edited Date/Time 11/28/2024 12:26am
Team403 wrote:
Yeah Mr Supplier I’m going to need you to take .20/dollar on your aging - ok… so  I presume you’re reducing the racing exposure accordingly?  Naw...

Yeah Mr Supplier I’m going to need you to take .20/dollar on your aging - ok… so  I presume you’re reducing the racing exposure accordingly?  Naw man we still need to flex nuts - you dig?

This is why i think the future of all racing divisions are wide open, regardless of what the KTM spokespersons tell the so-called media.
"We're going racing. Contracts are signed, bikes are built, they're all riding down at Baker's Factory, semis will be on the road," said Tom Moen from KTM's press department.

Do anyone with any kind of critical thinking capabilities think that the creditors give a shit about these racing operations and their survival when they want their owed money back?
Lets see what happens in 90-120 days.

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PTshox
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Highland Village, TX US
11/27/2024 11:52pm
PTshox wrote:
The only real question is who are YOU and your arm chair buddies going to attack next? I m sure it will be someone. You can't...

The only real question is who are YOU and your arm chair buddies going to attack next? I m sure it will be someone. You can't help yourself. 

mooch wrote:
For anyone wondering what has PTsox so worked up and bitter here...this is the old thread he's referring to where he felt folks here were ganging...

For anyone wondering what has PTsox so worked up and bitter here...this is the old thread he's referring to where he felt folks here were ganging up on him.  To me, PTshox came across as quite arrogant and condescending.  His shenanigans are worth looking at if missed the first time...

https://www.vitalmx.com/forums/moto-related/engine-builders-or-moto-dad…

gerg wrote:
Interesting read.Was given plenty of requests to back up the claims but basically came back saying "I hate computers".I'd polish my knob before the internals of...

Interesting read.

Was given plenty of requests to back up the claims but basically came back saying "I hate computers".

I'd polish my knob before the internals of engine cases.

LOL.... 

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Beagle
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Toulouse FR
11/28/2024 12:03am
Beagle wrote:
I usually refrain from feeding the trolls but you talk a big game so here's a couple questions for you: do you make motorcycles for a...

I usually refrain from feeding the trolls but you talk a big game so here's a couple questions for you: do you make motorcycles for a living? Do you race them in various AMA championships? Because if you don't, you're most definitely the armchair expert compared to JM.

PTshox wrote:
The only real question is who are YOU and your arm chair buddies going to attack next? I m sure it will be someone. You can't...

The only real question is who are YOU and your arm chair buddies going to attack next? I m sure it will be someone. You can't help yourself. 

mooch wrote:
For anyone wondering what has PTsox so worked up and bitter here...this is the old thread he's referring to where he felt folks here were ganging...

For anyone wondering what has PTsox so worked up and bitter here...this is the old thread he's referring to where he felt folks here were ganging up on him.  To me, PTshox came across as quite arrogant and condescending.  His shenanigans are worth looking at if missed the first time...

https://www.vitalmx.com/forums/moto-related/engine-builders-or-moto-dad…

Thanks, I see people have tried engaging with him but unfortunately they disagreed so he went off rails, sadly he ticks all the boxes. He has clearly demonstrated no positive outcome can possibly come from engaging with him, got it.

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1
djr
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GB
11/28/2024 1:44am
Who's idea was it to fit a torx bolt on a dirt bike, didn't they realize dirt would fill the bolt's head?

Who's idea was it to fit a torx bolt on a dirt bike, didn't they realize dirt would fill the bolt's head?

ktm-body2-1678706804
PRM31 wrote:

You do realize the outside of that Torx is a socket? Take your pick.

Also, you are allowed to clean the dirt out of the torx head, it's not too difficult.

 

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JMX82
Posts
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Hyllykallio FI
11/28/2024 2:02am
Who's idea was it to fit a torx bolt on a dirt bike, didn't they realize dirt would fill the bolt's head?

Who's idea was it to fit a torx bolt on a dirt bike, didn't they realize dirt would fill the bolt's head?

ktm-body2-1678706804
PRM31 wrote:

You do realize the outside of that Torx is a socket? Take your pick.

djr wrote:

Also, you are allowed to clean the dirt out of the torx head, it's not too difficult.

 

This conversation is ridiculous. I have never had any problems with the torx headed bolts during the past 20 years I have owned KTM's and most of them have hex head also which is quite nice 

12
JazzyJJ
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11/28/2024 5:08am
Team403 wrote:
Yeah Mr Supplier I’m going to need you to take .20/dollar on your aging - ok… so  I presume you’re reducing the racing exposure accordingly?  Naw...

Yeah Mr Supplier I’m going to need you to take .20/dollar on your aging - ok… so  I presume you’re reducing the racing exposure accordingly?  Naw man we still need to flex nuts - you dig?

Motofinne wrote:
This is why i think the future of all racing divisions are wide open, regardless of what the KTM spokespersons tell the so-called media."We're going racing...

This is why i think the future of all racing divisions are wide open, regardless of what the KTM spokespersons tell the so-called media.
"We're going racing. Contracts are signed, bikes are built, they're all riding down at Baker's Factory, semis will be on the road," said Tom Moen from KTM's press department.

Do anyone with any kind of critical thinking capabilities think that the creditors give a shit about these racing operations and their survival when they want their owed money back?
Lets see what happens in 90-120 days.

It really depends on ownership structure and timing of payments. The bond holders don't really have a say in marketing expenses and if the race teams are owner by a different company technically there's not much that they can do about it.

1
gharmon
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Location
Valley, AL US
11/28/2024 6:08am
Beagle wrote:
I usually refrain from feeding the trolls but you talk a big game so here's a couple questions for you: do you make motorcycles for a...

I usually refrain from feeding the trolls but you talk a big game so here's a couple questions for you: do you make motorcycles for a living? Do you race them in various AMA championships? Because if you don't, you're most definitely the armchair expert compared to JM.

PTshox wrote:
The only real question is who are YOU and your arm chair buddies going to attack next? I m sure it will be someone. You can't...

The only real question is who are YOU and your arm chair buddies going to attack next? I m sure it will be someone. You can't help yourself. 

mooch wrote:
For anyone wondering what has PTsox so worked up and bitter here...this is the old thread he's referring to where he felt folks here were ganging...

For anyone wondering what has PTsox so worked up and bitter here...this is the old thread he's referring to where he felt folks here were ganging up on him.  To me, PTshox came across as quite arrogant and condescending.  His shenanigans are worth looking at if missed the first time...

https://www.vitalmx.com/forums/moto-related/engine-builders-or-moto-dad…

Well shit, thanks for posting that link.  I now just spent an hour reading that shit. lol  I have way more important shit I should be doing today.  

1
Team403
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468
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Location
Lago Vista, TX US
11/28/2024 6:35am Edited Date/Time 11/28/2024 6:40am
Team403 wrote:
Yeah Mr Supplier I’m going to need you to take .20/dollar on your aging - ok… so  I presume you’re reducing the racing exposure accordingly?  Naw...

Yeah Mr Supplier I’m going to need you to take .20/dollar on your aging - ok… so  I presume you’re reducing the racing exposure accordingly?  Naw man we still need to flex nuts - you dig?

Motofinne wrote:
This is why i think the future of all racing divisions are wide open, regardless of what the KTM spokespersons tell the so-called media."We're going racing...

This is why i think the future of all racing divisions are wide open, regardless of what the KTM spokespersons tell the so-called media.
"We're going racing. Contracts are signed, bikes are built, they're all riding down at Baker's Factory, semis will be on the road," said Tom Moen from KTM's press department.

Do anyone with any kind of critical thinking capabilities think that the creditors give a shit about these racing operations and their survival when they want their owed money back?
Lets see what happens in 90-120 days.

JazzyJJ wrote:
It really depends on ownership structure and timing of payments. The bond holders don't really have a say in marketing expenses and if the race teams...

It really depends on ownership structure and timing of payments. The bond holders don't really have a say in marketing expenses and if the race teams are owner by a different company technically there's not much that they can do about it.

Not sure I’d be too stoked to know I got laid off from the factory while the party just rolls on to the races.. shit look in my opinion.  Seems sensible to back out of the racing contracts for a year and get your finances off life support.  I fully expect our local series contingency program to get slashed - seems reasonable in these situations.

6
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MxAddic
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NY US
11/28/2024 6:51am

If he gets his 1 Billion mulligan the race teams will be fine.

I am starting to think the”pit stop” starts when they lock the doors.

3
englishman
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Location
England GB
11/28/2024 6:57am

I’ll be very interested to see how they plan to fiscally restructure and get back on track.

They are close to $600 million in debt on bonds & promissory notes alone. 

First thought is if you didn’t have the ability to avoid this situation ( it’s been years in the making ) you probably don’t have the ability to get out of it.

A case of ego and hubris getting in the way of logic and sound business choices ? 

I’d say they’ll end up getting bought by the Chinese / Taiwanese ( read Kymco or similar ) or the Indians who will make drastic cuts and go where the profit is - cheap scooters and lower cc road bikes for the developing countries . 

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GrapeApe
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Mc Kinney, TX US
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11/28/2024 7:22am
PTshox wrote:
The only real question is who are YOU and your arm chair buddies going to attack next? I m sure it will be someone. You can't...

The only real question is who are YOU and your arm chair buddies going to attack next? I m sure it will be someone. You can't help yourself. 

mooch wrote:
For anyone wondering what has PTsox so worked up and bitter here...this is the old thread he's referring to where he felt folks here were ganging...

For anyone wondering what has PTsox so worked up and bitter here...this is the old thread he's referring to where he felt folks here were ganging up on him.  To me, PTshox came across as quite arrogant and condescending.  His shenanigans are worth looking at if missed the first time...

https://www.vitalmx.com/forums/moto-related/engine-builders-or-moto-dad…

gharmon wrote:
Well shit, thanks for posting that link.  I now just spent an hour reading that shit. lol  I have way more important shit I should be...

Well shit, thanks for posting that link.  I now just spent an hour reading that shit. lol  I have way more important shit I should be doing today.  

I wonder if PT realized as he rode in to this thread on his white horse that MxAddic was one of the first to disagree with his miracle mod in the other thread?

1
1
soggy
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Location
UT US
11/28/2024 7:24am
Motofinne wrote:
This is why i think the future of all racing divisions are wide open, regardless of what the KTM spokespersons tell the so-called media."We're going racing...

This is why i think the future of all racing divisions are wide open, regardless of what the KTM spokespersons tell the so-called media.
"We're going racing. Contracts are signed, bikes are built, they're all riding down at Baker's Factory, semis will be on the road," said Tom Moen from KTM's press department.

Do anyone with any kind of critical thinking capabilities think that the creditors give a shit about these racing operations and their survival when they want their owed money back?
Lets see what happens in 90-120 days.

JazzyJJ wrote:
It really depends on ownership structure and timing of payments. The bond holders don't really have a say in marketing expenses and if the race teams...

It really depends on ownership structure and timing of payments. The bond holders don't really have a say in marketing expenses and if the race teams are owner by a different company technically there's not much that they can do about it.

Team403 wrote:
Not sure I’d be too stoked to know I got laid off from the factory while the party just rolls on to the races.. shit look...

Not sure I’d be too stoked to know I got laid off from the factory while the party just rolls on to the races.. shit look in my opinion.  Seems sensible to back out of the racing contracts for a year and get your finances off life support.  I fully expect our local series contingency program to get slashed - seems reasonable in these situations.

So all the PGM would be out of rides for this year?  Canning all the mechanics and everyone related to the race team then have to build it up again. No thanks. They need to keep some presence if they pulled out of racing the concern from the outsiders perspective would go up. 

1
UpTiTe
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11/28/2024 7:58am

Suzuki is in the corner quietly laughing. 

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JazzyJJ
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11/28/2024 8:17am
Motofinne wrote:
This is why i think the future of all racing divisions are wide open, regardless of what the KTM spokespersons tell the so-called media."We're going racing...

This is why i think the future of all racing divisions are wide open, regardless of what the KTM spokespersons tell the so-called media.
"We're going racing. Contracts are signed, bikes are built, they're all riding down at Baker's Factory, semis will be on the road," said Tom Moen from KTM's press department.

Do anyone with any kind of critical thinking capabilities think that the creditors give a shit about these racing operations and their survival when they want their owed money back?
Lets see what happens in 90-120 days.

JazzyJJ wrote:
It really depends on ownership structure and timing of payments. The bond holders don't really have a say in marketing expenses and if the race teams...

It really depends on ownership structure and timing of payments. The bond holders don't really have a say in marketing expenses and if the race teams are owner by a different company technically there's not much that they can do about it.

Team403 wrote:
Not sure I’d be too stoked to know I got laid off from the factory while the party just rolls on to the races.. shit look...

Not sure I’d be too stoked to know I got laid off from the factory while the party just rolls on to the races.. shit look in my opinion.  Seems sensible to back out of the racing contracts for a year and get your finances off life support.  I fully expect our local series contingency program to get slashed - seems reasonable in these situations.

It's a marketing expense. If they stop all marketing their sales and thus company will suffer even more.

1
11/28/2024 8:45am
Beagle wrote:
I usually refrain from feeding the trolls but you talk a big game so here's a couple questions for you: do you make motorcycles for a...

I usually refrain from feeding the trolls but you talk a big game so here's a couple questions for you: do you make motorcycles for a living? Do you race them in various AMA championships? Because if you don't, you're most definitely the armchair expert compared to JM.

PTshox wrote:
The only real question is who are YOU and your arm chair buddies going to attack next? I m sure it will be someone. You can't...

The only real question is who are YOU and your arm chair buddies going to attack next? I m sure it will be someone. You can't help yourself. 

mooch wrote:
For anyone wondering what has PTsox so worked up and bitter here...this is the old thread he's referring to where he felt folks here were ganging...

For anyone wondering what has PTsox so worked up and bitter here...this is the old thread he's referring to where he felt folks here were ganging up on him.  To me, PTshox came across as quite arrogant and condescending.  His shenanigans are worth looking at if missed the first time...

https://www.vitalmx.com/forums/moto-related/engine-builders-or-moto-dad…

Just gone through that thread. Jeeeez.... the guy is either sneering or name-dropping. The lack of self-awareness is off the scale. Holy shit 😱

4
early
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8820
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Location
University Heights, OH US
11/28/2024 8:45am
Team403 wrote:
Not sure I’d be too stoked to know I got laid off from the factory while the party just rolls on to the races.. shit look...

Not sure I’d be too stoked to know I got laid off from the factory while the party just rolls on to the races.. shit look in my opinion.  Seems sensible to back out of the racing contracts for a year and get your finances off life support.  I fully expect our local series contingency program to get slashed - seems reasonable in these situations.

If you have an over supply of complete bikes, how do you deal with that besides cutting production? They already cut prices but I see more marked down PMG bikes than any other brand (at least on dealer websites). 

There are probably EU laws that would keep spare part production going through the restructuring process.

1
PTshox
Posts
1495
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Location
Highland Village, TX US
11/28/2024 8:45am
mooch wrote:
For anyone wondering what has PTsox so worked up and bitter here...this is the old thread he's referring to where he felt folks here were ganging...

For anyone wondering what has PTsox so worked up and bitter here...this is the old thread he's referring to where he felt folks here were ganging up on him.  To me, PTshox came across as quite arrogant and condescending.  His shenanigans are worth looking at if missed the first time...

https://www.vitalmx.com/forums/moto-related/engine-builders-or-moto-dad…

gharmon wrote:
Well shit, thanks for posting that link.  I now just spent an hour reading that shit. lol  I have way more important shit I should be...

Well shit, thanks for posting that link.  I now just spent an hour reading that shit. lol  I have way more important shit I should be doing today.  

GrapeApe wrote:
I wonder if PT realized as he rode in to this thread on his white horse that MxAddic was one of the first to disagree with...

I wonder if PT realized as he rode in to this thread on his white horse that MxAddic was one of the first to disagree with his miracle mod in the other thread?

Why don't you just put your key board down... and try it. If you don't want to... don't. I could careless what you do or say btw.  But you got to come out and use that key board vs actual do stuff! Living in the metaverse. LMAO.

 

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