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With a " three digit million " sum of fresh investment cash urgently required to maintain liquidity ( according to a November 12 PIERRER Mobility AG parent company announcement ), there are increasingly strong rumours that KTM AG Group will have to be sold . Indian conglomerate and part owner BAJAJ ( a core shareholder through Pierer Bajaj AG ) is thought to be in ' pole position ' for such a deal . However , existing Chinese partner CFMoto and its rival Qianjiang Motor Group , the owner of Benelli ( and so much more !) are also being cited as possible new owners - along with the American investment giant Berkshire Hathaway , the owner of Detlev Louis , the German retail chain . At EICMA , the widespread sentiment was that the acquisition of MV Agusta (" the mountain where good money goes to die ") has proven to be an ill-timed brand adventure too far . Left-field suggestions that former MV Agusta owner Harley-Davidson may wish to revisit its failed 1998 KTM takeover bid are not thought to be credible .
German specialist SIP Scootershop is donating € 3,000 to Mary ' s Meals , an international organisation that gives starving children access to education through school meals ; www . sipscootershop . com
The iconic , cult Czech JAWA brand is back on the Italian market . Moreno Persello ( of Bikers Life magazine and show fame ) is in the process of establishing a specialist network of selected dealers and workshops who share a passion for the opportunity that JAWA ' s contemporary classic range of 350 to 650 cc models represent . The line-up extends from café racers and bobbers to scramblers and adventure bikes . There are currently importers for the Czech designed , Mahindra , India manufactured JAWA brand in Austria , Switzerland , Germany , Hungary , Poland and , now , Italy . www . jawamotors . it
AFAM racing bikes stolen after EICMA 2024
In what AFAM describe as a " calculated theft ", two of the show bikes the company had on its booth at EICMA were stolen from a hotel , near to the Rho Fiera Milano , on the night of Monday November 11 after the staff had completed booth tear down . The Belgian manufacturer and distributor displayed the bikes on their booth to showcase the strength and performance of AFAM products and were a popular feature . AFAM says that it had a successful show , with everyone at the company happy about the way it had gone for them and the business contacts that they had made - up until that point ! These were no ordinary bikes , and it does raise questions about the exact nature of the theft . One belonged to Lotte van Drunen ( Team De Baets Yamaha MXGP ), the 2024 WMX World Champion ( chassis number : JYACG51C000000642 ) and the other was the Honda CRF 450R owned by Team HONDA SR Motoblouz ( Kevin Horgmo and Valentin Guillod ; chassis number : JH2PE07AXRK701815 ). " The bikes were taken , not from the show floor , but a day after the show had closed , from the parking area of
Team HONDA SR Motoblouz ' s CRF 450R
Lotte van Drunen ' s Yamaha YZ250F
our hotel on the night of Monday November 11 - after we had completed the dismantling of our booth ," said AFAM ' s Rolf Verhagen . " This suggests that the thieves followed us , waiting for the right moment to strike . It is suspected that the thieves either followed my colleagues or placed a tracker on the bikes or van , as they seemed to know that the bikes were in the van . It would
appear to have been targeted as all the other items in the van , such as a large TV screen and electronics , were left untouched . " The brazen theft is a significant blow . Not only to AFAM but to the athletes and teams dedicated to excellence in motorsports . " We urge anyone with information on these stolen bikes to reach out to AFAM . Thank you for your support in helping us bring these bikes back to where they belong - at the side of the champions who ride them ." AFAM offers € 2,000 reward in AFAM products for the golden tip that leads to the retrieval of the bike ( s ). www . afam-group . com