KTM Q1 2013 growth at 34%: 1400 Duke 200 sold in India, 390 launch soon
KTM, the Austrian motorcycle manufacturer, has revealed their sales report for Q1 2013. A total of 26,029 bikes were sold globally, which is a good 34.1% better than last year. Apart from this, their partner in India, Bajaj helped them too, by selling 1,400 units of Duke 200 in the same period.
KTM’s revenue for Q1 2013 increased by¬†163.5 mio. EUR, which is an increase by 20.5% compared to last year’s revenue. Europe and US registered growth at 9.4% and 23.3% respectively, while Asia registered an overproportional growth rate, thanks to Bajaj Auto selling 1,400 units of 200 Duke in India.
Speaking about their success, Stefan Pierer, CEO of KTM AG, says, “The successful launch of the new 1190 Adventure was crucial for the sales increase in Europe. The implementation of a global product strategy shows a very positive development in Asia where sales could be more than quintupled compared to previous year.”
KTM has also revealed their outlook for the future. In order to tackle the declining economic situation in Europe, KTM is going to launch new models and a new global product strategy. This will help them not only increase their sales in exisiting markets, but also in emerging markets like India.
Speaking about new launches, KTM recently launched their new 390 Duke in Austria. This new KTM,¬†possesses 375cc engine generating¬†44 bhp and the ability to reach a thrilling top speed of 160 kmph. Acceleration from 0 to 100 kmph is possible in under 6 seconds while 0-130 kmph is achieved in 10 seconds. The new Duke 390 is set to arrive in India in the coming months. You can have a look at this new bike in the gallery here, and also in a video below.