KTM announced a 15.6% increase in motorcycles sales in 2013, thanks in large part to expansion into Asian and South American markets. The Austrian manufacturer sold 123,859 motorcycles in 2013, compared to the previous annual sales record of 107,142 motorcycles set in 2012. Increased sales translated to revenues of €716.3 million (US$971.0 million) in 2013, […]
KTM 200 Duke, 350 Duke Announced … But Only for Emerging Markets
According to reports out of India, KTM Chief Executive Officer Stefan Pierer has announced the Austrian manufacturer will produce 200cc and 350cc versions of its youth-oriented 125 Duke. Unfortunately for us in North America, the two new Dukes will appear destined for emerging markets such as India, Brazil, Thailand and Malaysia.
Speaking with the Indian press, Pierer says KTM is partnering with Bajaj Auto to develop the 200 Duke in 2012 with the 350 version to follow in 2013. Bajaj is one of India’s largest home-grown automotive manufacturers and a part-owner of KTM, and also helped develop the 125 Duke. Pierer says the 200 Duke will be introduced at the 2012 Delhi Auto Expo.
“During the Delhi Auto Expo next year, we will be launching the first 200cc Duke bike in India. We expect to sell 25,000 to 30,000 units in India in the first year of launch,” Pierer said. “After one year, we will launch the 350-cc Duke in India.”
Despite selling almost 7,000 KTM 125 Dukes in Europe, the 200cc and 350cc versions appear to be reserved for emerging markets in southeast Asia and Brazil.