Bike News Desk – KTM is taking the two-wheeler market by storm in the Indian market with several models including its new 390 Adventure range, 890s, 1290 Adventure and 1390 Super Duke. But, now it has removed MV Agusta from its portfolio. Now production of MV Agusta will start back in Italy. According to the information, KTM is currently going through a financial crisis. KTM had acquired 50.1 percent stake in MV Agusta just 9 months ago.
According to the report, the company has been struggling for the last few months. According to the report, the company is surrounded by financial crisis. The company has also suffered business losses due to supply chain restrictions, due to which KTM has removed MV Agusta from its portfolio.
Many new models in India
KTM, known for its off-road and street motorcycles across the world, has now introduced several new models in India and is also planning to expand its portfolio. Considering the crisis that KTM is in, it will be interesting to see what the future holds for the Austrian bike maker and how it will deal with this situation.
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