Report: KTM's Unsold Inventory Surpasses 2.65 Lakh Units Globally

The iconic brand which also features in MotoGP has to make major steps to bring themselves out of this mess.
Reports have stated that company is carrying a debt of around USD 3 billion.

KTM has also filed an insolvency and has halted production temporarily.

WHAT NEXT FOR KTM?
This situation for KTM has also affected thousands of employees and their salaries and bonuses are not constant.

According to German publication Der Standard, KTM sales have been declining and there are a whopping 2.65 lakh unsold units.
This was revealed during the insolvency hearing.

The German publication also stated that despite the receding demand, the Austrian brand continued its high-volume production resulting in unsold stock.

The storage costs of the excessive inventory created a humongous liquidity requirement of over 461 million dollars.

The company's insolvency was due to bad decisions taken by the company management.

The unsold inventory equals to KTM's yearly sales which is just BONKERS!!
The report also suggests that the destiny of the company lies on investors, and is most likely to be BAJAJ AUTO.

The CEO of the company ( Stefan Pierer ) and KTM’s co-parent company, Pierer Mobility AG are to be blamed.

It's unfortunate that the pioneers of V-Twin engines are facing bankruptcy.

What Do You Think Of KTM's Status And Will They Be Back On Their Feet?
Do Let Us Know In The Comments Below.