KTM improves its sales but schedules production decrease
November 24, 2008
Filed under Features
Austrian manufacturer KTM increased its worldwide sales by 7 percent in its recently concluded fiscal year.
The company, however, is expecting the current challenging economic climate to impact sales going forward and thus is cutting production by around 10 percent for the upcoming fiscal year, the company reported.
KTM attributed its increase revenue to improving sales from its LC4 and LC8 series as well as improved turnover in its ATV segment.
For more on KTM’s fiscal year, see an upcoming edition of Powersports Business.