KTM owns HUSKY

[Windrat]

KTM owns HUSKY

Maybe something good will come out of this


Just yesterday we brought you news about the imminent sale of Husqvarna and today we bring you confirmed news that Husqvarna has indeed been sold to Pierer Industrie AG (Austria) owned by the KTM CEO Mr Stefan Pierer. In the context of changing motorcycle markets, demographic trends and increasing environmental demands, BMW Motorrad will expand its product offering to exploit future growth potential and this means letting go of Husqvarna to focus on urban mobility and e-mobility. By restructuring the segment, the BMW Group will concentrate on expanding and utilising the resources of the BMW Motorrad brand. Therefore the BMW Group signed a purchase agreement with Pierer Industrie AG (Austria) for the acquisition of Husqvarna Motorcycles. The acquisition will proceed subject to approval by anti-trust authorities. Both companies have agreed not to disclose the purchase price.
With the realignment of its motorcycle business, BMW Motorrad aims to maintain profitable and sustainable growth over the coming years. Its current core business consists exclusively of premium vehicles in the categories “Tourer”, “Enduro”, “Sport”, “Roadster” and “Maxi-Scooter” from 650 to 1600 cc. BMW Motorrad entered the urban mobility segment for the first time in 2012 with the C 650 GT and C 600 Sport maxi-scooters. The next step in the expansion of the product line-up in this segment will be the series launch of the “C evolution” electric scooter in 2014. Further innovative vehicle concepts are also under consideration. Drive trains will include both environmentally-friendly combustion engines and pure electric drives.
Now does this mean we can soon see Husqvarna brand in India in a KTM showroom? Well nothing has been mentioned as of now, but a key point to note is although Bajaj owns a massive stake in KTM, the company that has acquired Husqvarna is a separate entity. For sure knowing the strong relationship between Bajaj and KTM something interesting is bound to develop.

[blaine.hale]

You're a little late to the game.

[955616846]

And inaccurate... KTM does NOT own Husky...

[davorallyfan]

Originally Posted by 955616846

And inaccurate... KTM does NOT own Husky...

Correct

Everyone misses this point.

[Windrat]

You guy's are so friendly
Cheers

[955616846]

Originally Posted by Windrat

You guy's are so friendly

I didn't see anything unfriendly there and reckon the sarcasm is unwarranted.

One of the first clues that this was old news was the date on the linked article. A quick forum search would have confirmed this... and reading the text that you have quoted without quotes (source?) would have revealed the inaccuracy of your splashy headline.

[Foot dragger]

Originally Posted by 955616846

I didn't see anything unfriendly there and reckon the sarcasm is unwarranted.

One of the first clues that this was old news was the date on the linked article. A quick forum search would have confirmed this... and reading the text that you have quoted without quotes (source?) would have revealed the inaccuracy of your splashy headline.

You just come off sounding like a pompous ass somehow,Im sure its a fluke.

[johngil]

Page 32-33 has some info worth reading.

http://cyclenews.uberflip.com/i/113223/28

[Blakebird]

Originally Posted by Foot dragger

You just come off sounding like a pompous ass somehow,Im sure its a fluke.

didn't sound pompous to me in the least....that story has popped up late (and in error) so many times, that anyone thinking it's new news to this group should do a quick search and make sure.