PIERER Mobility , the KTM , Husqvarna and GasGas parent company , has reported a record year for the motorcycle manufacturer in 2020 with sales of 270,407 motorcycles ( previous year : 280,099 ) and 56,064 e-bicycles - a 10th consecutive record year for the Group . Sales generated turnover of € 1,530m |
( approx . $ 1.86bn ). In Europe , sales to dealers were around 100,000 motorcycles and 56,064 e-bicycles . Around two-thirds of the motorcycles were sold to the dealer network in markets outside Europe , especially in North America , India and Australia . In other news ( confirmed in the final quarter of 2020 ), parent company PIERER Mobility AG announced an " intensification " of its joint venture with CFMOTO in China - one designed to strengthen its presence in China and expand its market share . " In order to be able to serve the increasing market demand , primarily in China and also worldwide , the new middle-class series ( 750 cc ) is to be produced in the newly built CFMOTO joint venture factory in Hangzhou . Production will start at the beginning |
of 2021 and will be supplemented in the future by further models from the 890 cc series and selected off-road models ". As a sign of the deepening of the cooperation , CFMOTO has acquired around another percent in the listed PIERER Mobility AG and thus holds around 2.05 % in the company . These shares acquired by CFMOTO come from Pierer Konzerngesellschaft mbH and bodies of the Pierer Group . In other news , in a stock market advisory at the end of November , Pierer Industrie AG ( aka the Pierer- Group ) and Bajaj announced that they have restarted discussions on possibility of restructuring the Bajaj stake , specifically reassessing the possibility of , in effect , transferring Bajaj ' s 48 % stake in KTM AG up a level |
in Stefan Pierer ' s byzantine ownership structure to PIERER Mobility AG - with the Pierer-Group continuing to retain the controlling majority over PIERER Mobility AG . Pierer Industrie AG holds more than 60 % of the shares of PIERER Mobility AG - the listed company that holds approximately 51.7 % of the shares of the operating company , KTM AG . Bajaj Auto International Holdings BV holds the other major stake in KTM AG - approximately 48 % of the shares . |
Clearly intended to go head-to-head for sales with the all-conquering BMW 1250 S Adventure , the new KTM 1290 Super Adventure S ( due in European KTM dealerships in March ) appears to justify the hyperbole if most of the early test ride reports are to be believed . Described as ushering in a " new era of engineering mastery and performancefocussed technology ", KTM claims it is " invigorating " the over-1000 cc Adventure segment and " introducing a third generation of over-1000 cc KTM Adventure models " with " the sportiest and most technologically advanced Adventure bike to ever roll its wheels off the production line in Mattighofen , Austria . " Forged to provide the benefits of a |
versatile sports-tourer , with diligence paid to ergonomics and comfort over any terrain , in brief it ’ s the ultimate high-performance Adventure bike ". A chassis overhaul is said to further enhance weight distribution and " riding agility " with redesigned ergonomics , " keener handling " and a " sharper cornering sensation " achieved by moving the steering head back by 15 mm and relocating the front section of the engine . The chassis is actually shorter , but the " subframe has been crafted to provide a lower seat height without sacrificing durability or practicality " due to a longer open-lattice swingarm " contributing to a more stable feeling under acceleration ". |
New bodywork , customisable levers , all new 7 " TFT and windscreen , and a veritable ' tech fest ' of performance boosting advanced electronic systems such as an " innovative radar-based Adaptive Cruise Control system " |
developed in collaboration with Bosch , semi-active suspension , enhanced ride modes and more besides all combine to make a statement - " we ' re coming to get you Munich "! |