Speed Reads: KTM Parent Company To Move Production, Cut 300 Jobs In Austria

Speed Reads: KTM Parent Company To Move Production, Cut 300 Jobs In Austria

Speed Reads: KTM Parent Company To Move Production, Cut 300 Jobs In Austria

Need a fast hit of motorbike information, however do not have lots of time? Don’t fear, RideApart has acquired you. Welcome to Speed Reads, our new roundup of bite-sized tales we thought you would possibly discover fascinating. We’ll skip the long-winded intro and get proper to the great things. 

Red Bull KTM Factory Rider Matthias Walkner Will Not Race At Dakar 2024 Due To A Broken Leg In Training

Matthias Walkner - Red Bull KTM Factory Racing

Both Walkner and his teammate, reigning Dakar champion Kevin Benavides, suffered accidents sustained within the US whereas coaching for Dakar 2024. Thankfully for Benavides, his harm wasn’t critical sufficient to maintain him away from the Rally in January. While he did have to regulate his coaching schedule, that is higher than what occurred to Walkner.

“It’s been a really tough few days for the group right here within the United States. Training for the Dakar had been going extraordinarily properly, with all riders working very exhausting. Kevin broken his leg final Sunday, however fortunately, it wasn’t too unhealthy. We hope he will likely be again to close full health by Dakar,” Red Bull KTM Factory Rally Team Manager Andreas Hölzl started.

“On Monday, Matthias had a nasty crash while training, which ended up in him having several fractures. The surgery went really well, and they have attached a fixator to his left leg to help the recovery. But he will require more surgery, once the swelling starts to go down. Obviously, these two incidents have been a massive blow to the team, but we will continue to look ahead and do all we can to be as strong as possible for Dakar. The whole team wishes both Matthias and Kevin a quick and full recovery,” he concluded.

As it seems, Walkner broke his tibia, fibula, and in addition his ankle joint within the crash. Here’s hoping he heals as speedily and properly as potential.

Trackhouse And Aprilia Are Teaming Up On A Three-Year MotoGP Agreement

Aprilia Trackhouse MotoGP
Aprilia Trackhouse MotoGP 2

NASCAR followers possible already know the Trackhouse identify, however that is its first foray into the world of two-wheeled motorsport. Owned by former NASCAR and IMSA driver Justin Marks and his Grammy Award-winning enterprise companion Pitbull, the Trackhouse partnership with Aprilia will likely be a brand new independent team entry into the MotoGP field

“We are happy and proud to welcome Trackhouse into the Aprilia Racing family. What they have been able to build in a very short time in NASCAR is an extraordinary presentation card, which anticipates the potential of this partnership,” Aprilia Racing CEO Massimo Rivola stated in an announcement.

“This is thanks to Justin Marks and his team, whom I got to know through my long-time friend PJ Rashidi, and with whom we were immediately in sync both in terms of technical ambitions and marketing and communication developments in such an important market as the US. Our commitment will increase significantly, a responsibility we gladly take on because, I am sure, it will allow us to grow even more,” Rivola concluded.

KTM, Husqvarna, And GasGas Parent Company Pierer Mobility To Cut Up To 300 Jobs In Mattighofen, Among Other Changes

2024 KTM 790 Duke - Outside - Riding 6

In a discover to buyers dated December 5, 2023, Pierer Mobility outlined a couple of vital adjustments that it intends to make within the fast future. The discover bore the somewhat benign title of “Pierer Mobility: Strategy Sharpening and Guidance Adjustment,” however the contents appear extra consequential than the title would possibly lead an informal reader to anticipate.

The doc accommodates 4 key factors. The first one reads, “Focus on the core brands KTM, GasGas, Husqvarna, and MV Agusta.” Although MV Agusta will not be but absolutely managed by the Pierer Group in 2023, as you might recall, the company previously announced that plans are underway to gain a controlling interest sometime in 2026.

To facilitate the give attention to powered two-wheelers, Pierer is promoting off its two non-motorized bicycle manufacturers, R Raymon and Felt. According to PMG, the deal for R Raymon has already been signed and will likely be fully closed by the top of 2023. It will now grow to be an impartial model underneath new possession. Felt, in the meantime, is being offered to a consortium with a deal that can shut someday within the first half of 2024. 

PMG additionally mentions that it’ll revise its reporting construction into two segments: Motorcycles and E-Mobility. Importantly, electrical bikes will likely be reported within the E-Mobility class, together with electrical minibikes and stand-up scooters.

What is probably PMG’s largest announcement on this investor discover is that, in an effort to tighten its belt amid “unfavorable economic conditions in Europe,” the corporate plans to “relocate elements of manufacturing for particular person mid-range fashions and sure R&D actions to strategic companion Bajaj Auto, India and CFMoto, China. 

Along with this shift, PMG says it could minimize as many as 300 staff at its Austrian places someday in 2024. 

Watch Daniel Arsham Walk You Through His MV Agusta x Daniel Arsham Superveloce Design

 

The MV Agusta x Daniel Arsham popup at Perrotin Art Basel Miami will solely be open to go to by means of December 10, 2023. Since it is now December 8, 2023, you’d higher transfer quick if you wish to see it in particular person.

Whether you may make it in time or not, Arsham popped up on MV Agusta’s Instagram to supply some perception into how the bike was made. Although it ups the artwork quotient significantly, it is nonetheless a practical bike, simply with many customized touches. 

Did you’ve got the prospect to see it in particular person? Do you intend to see it earlier than it leaves? Let us know within the feedback.

Like your information in bite-size kind? Be certain to examine again every weekday for extra. Happy studying and using!