By 2013, Bajaj Auto held a 47.97% interest in the company. In 2007, Indian motorcycle manufacturer Bajaj Auto bought a 14.5% stake in KTM Power Sports AG.
In 1995, KTM Motorradholding GmbH acquired Swedish motorcycle maker Husaberg AB and took control of the Dutch company White Power Suspension. In 2007, the company debuted the KTM X-Bow sports car.
ATV RACE GEAR SERIES
In 1994, KTM started production of the Duke series of road motorcycles, in 1996, KTM motocross machines were first decked out in KTM's signature orange color, and 1997 saw the introduction of liquid-cooled two-cylinder Supermoto and Adventure motorcycles. In the following years, while steadily increasing production and turnover, investing in new production and R&D facilities, introducing new models and successfully sponsoring and taking part in various sports racing events, the company underwent a series of restructurings and stakeholder changes guided by KTM's managing director and Cross Industries owner Stefan Pierer. Now owned by KTM Motorradholding GmbH, which was formed by Cross Holding (a Cross Industries daughter), and other investors, KTM Sportmotorcycle GmbH started operation in 1992 and later took over the sibling tooling division KTM Werkzeugbau. In 1992, the company was split into four new entities: KTM Sportmotorcycle GmbH (motorcycles division), KTM Fahrrad GmbH (bicycles division), KTM Kühler GmbH (radiators division) and KTM Werkzeugbau GmbH (tooling division). Takeover of a 51% interest in the company by the Austrian investment trust GIT Trust Holding controlled by Austrian politician Josef Taus in 1989 was followed by unsuccessful attempts to turn the indebted company around, and in 1991, management of KTM was transferred to a consortium of creditor banks. However, scooter and moped turnover sank rapidly, and production had to be halted in 1988. International business then amounted to 76% of the company's turnover. One year later, KTM had about 700 employees and a turnover of 750m. In 1980, the company was renamed KTM Motor-Fahrzeugbau KG. In 1978, US subsidiary KTM North America Inc. Radiators sold to European car manufacturers constituted a sizable part of the company's business in the 1980s. During the 1970s and 80s, KTM also started to develop and produce engines and radiators. Additionally, KTM was able to produce motorcycles for the racing industry. His son Erich Trunkenpolz took charge of the company's management.Īs the company continued to expand, the workforce totalled 400 in 1971, and forty years after it was founded, KTM was offering 42 different models. Two years later in 1962, Hans Trunkenpolz also died of a heart attack. The 1960s also saw the beginning of bicycle production in Mattighofen.Įrnst Kronreif died in 1960. KTM's first moped, named Mecky, was launched in 1957, followed by Ponny I in 1960 and Ponny II in 1962 and Comet in 1963. In 1957, KTM built its first sports motorcycle, the Trophy 125cc. In 1956, KTM made its appearance at the International Six Days Trials, where Egon Dornauer won a gold medal on a KTM machine. The company secured its first racing title in the 1954 Austrian 125cc national championship. In 1954, the R125 Tourist was introduced, followed by the Grand Tourist and the scooter Mirabell in 1955. In 1953, businessman Ernst Kronreif became a major shareholder of the company, which was renamed and registered as Kronreif & Trunkenpolz Mattighofen.
With just 20 employees, motorcycles were built at a rate of three per day.
ATV RACE GEAR SERIAL
Serial production of the R100 started in 1953. The components of the motorcycle were produced in house, except for the Rotax engines which were made by Fichtel & Sachs. The prototype of his first motorcycle, the R100, was built in 1951. Īfter the war, demand for repair works fell sharply and Trunkenpolz started thinking about producing his own motorcycles. During the Second World War, his wife took care of the business which was thriving mainly on account of diesel engine repairs. His shop was known as Kraftfahrzeug Trunkenpolz Mattighofen, but the name was unregistered. In 1937, he started selling DKW motorcycles, and Opel cars the following year. In 1934, an Austrian engineer Johann (Hans) Trunkenpolz set up a fitter's and car repair shop in Mattighofen. Hans Trunkenpolz and Ernst Kronreif Early years
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