KTM launched a new limited-term plan for new sales of KTM and Husqvarna bikes between 28 July and 20 September 2020. Customers can also be given a free extended warranty for a term of three years, which extends the two-year guarantee that you are given on a vehicle, with a cumulative guarantee duration of five years. In fact, the business will also provide a free roadside assistance package for one year from the date of purchase. Plus, new KTM and Husqvarna customers have a chance to win either iPhone 11 or KTM merchandise every week.
KTM has recently launched a new financing scheme for KTM 390 Adventure, where the EMIs launch at 6.999 with up to 80 per cent coverage of the on-road price of the motorcycle along with five years ownership. KTM 390 Adventure is rated at 3.04 lakh ( ex-showroom, Delhi). Active consumers may also use other lending programs from various firms providing up to 95% insurance coverage, reduced interest rates and adjustable maturity periods. KTM dealerships will also offer a range of trading programs for motorcycle enthusiasts who would like to update their bikes to KTM 390 Adventure. The aim is to make the bike more available in terms of possession.
Pierer Mobility AG, the parent company of KTM, Husqvarna and GasGas, announced sales estimates for the first half of 2020 and the results are not nice. For the first six months of 2020, the three companies sold a net number of 90,331 motorcycles worldwide, compared to 135,711 over the same period last year. This reflects a 33% decline in revenue over the period from January to June, year over year. Out of this, Bajaj Auto, which owns a 48 per cent stake in KTM, sold 20,160 motorcycles in the same period, a 38 per cent decrease over the 32,539 Bajaj KTM motorcycles manufactured in India in the same period a year earlier.