Just thought I'd share the pretty amazing news coming from KTM. he brand has announced that its Q1 2014 worldwide sales went up by an incredible 26.8%, with both revenues and earnings before tax on the rise, as well.
KTM sold 32,994 motorcycles worldwide in the first quarter of 2014. This is a big jump from the 28,719 bikes that KTM sold in the first quarter of 2013. For comparison's sake, note that BMW saw its sales grow 16.1% over the first quarter of 2013.
KTm received some help from its Indian partner Bajaj, which sold 2,748 units in India, mostly the 200 and 290 versions of the Duke model (that's us!)
KTM is started off Chinese production of the KTM 200 Duke and 390 Duke in China in March, which should help KTM continue to grow throughout this year.
Quarterly revenue increased by more than 20%, and EBIT (earnings before interest and tax) went up a staggering 254 percent.
Things look good for KTM's future too as the new 1290 Super Duke R and the 1190 Adventure and Adventure R will be reaching worldwide markets soon. The 390 Duke and more new small-displacement sport bikes are also coming.
Look out BMW, here KTM comes.