Bajaj Auto increased stake in KTM
KTM Power Sports AG, Europe's second largest motorcycle manufacturer and World's No I Off-Road Bike maker, closed a 42.99 Million Euro Capital increase on 16 th April 20lO. The...
KTM Power Sports AG, Europe's second largest motorcycle manufacturer and World's No I Off-Road Bike maker, closed a 42.99 Million Euro Capital increase on 16 th April 20lO. The Capital increase comprised of 13 .24 Million Euros by way of conversion of loans and 29.75 Million Euros Cash rights issue. Bajaj Auto Ltd, has invested Euro 20 Million in this capital increase and consequently has increased its share-holding in KTM from 31.92% to 35.67%. Cross Industries (controlled by Messrs Stefan Pierer and Rudy Knunz) retained its shareholding at over 50%, by a combination of cash subscription and loan conversion. The investment by Bajaj reinforces its commitment to KTM and highlights the significance of"Ready to Race" KTM Brand in its "Global Strategy". The joint development projects are proceeding well and the first products will the markets end of this year in Europe and by middle of 2011 in India. Bajaj will distribute KTM products in India and in markets like Srilanka, Bangladesh, Indonesia, Africa and such Bajaj lead markets. Apart from it, TVS Motor has commercial launched its TVS Wego in Pune recently. Meanwhile, Yamaha is also planning to introduce its two new models such as Yamaha SZ and Yamaha YZF R125.
KTM Duke 200 (2013 - 2024) User Reviews
- Powerful Engine
Every time it feels like a very powerful ride and comfort with good safety, very smooth and raw power and confident handling that makes me even more thrilling. Every ride is an experience I never get tired of. I love its performance and comfrot. Suspension works well. Overall its an amazing bike to drive.
- Selling my bike due to office job
All condition is good riding is very great for bikers aggressive bike pure raw power. Aggressive riders will love to ride as it is bs4 and its sound original no modification. Its maintenance is normal as per condition. Every thing in this is genuine all the parts are genuine. Riding quality is very good.
- Fully maintained, every paperwork fine
Fully maintained, every paperwork fine if serious buyer still negotiable, naked bike comfort for long ride or short ride , 35kmph mileage. Buyer will get very benefit. This bike is just driven 30k in just 3 years so don't miss this opportunity, no defect not any single problem in my bike . Get fast or you may loose opportunity.
- Bike is great in the Segment
Bike is great in the performance and good comfort. Maintenance is higher than average. Average is 35 to 40 kmpl as per riding. Top class bike in this segment most powerful and refined engine. Control and balance is great in this bike.easy to Control in high speed Top speed 138 kmph. Engine is good every thing is good.
- Well maintained bike
Bike is in very good condition both mechanically and physically, there are no signs of external and internal damage, the lock system and front tyres is brand new, with one year full bike insurance, the newly modified paint is in black color and red color rims, no issues in driving, overall well maintained.