Cycle News

Cycle News 2019 Issue 41 October 15

Cycle News is a weekly magazine that covers all aspects of motorcycling including Supercross, Motocross and MotoGP as well as new motorcycles

Issue link: https://magazine.cyclenews.com/i/1176510

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KTM PRESIDENT/CEO STEFAN PIERER: PART 1 P80 Feature from now, for sure, and maybe sooner. Husqvarna certainly has great potential, especially in emerging markets, because we're transferring the manufacture of the small displacement Husqvarnas to India from December onwards, so production of complete bikes will take place in Pune for the first time. So based on those lower production costs, now is the first time that we can also attack emerg- ing markets like India, the Asian markets and Latin America with Husqvarna. I remember you telling me that Rajiv Ba- jaj originally didn't want to be involved with Husqvarnas, because he didn't think he could sell them in India. I think there's a certain difference in culture between India and Europe. Patience, I would say, is the strength of India, and the opposite is the strength of Europe! If you can combine the two, I The chance to meet Stefan Pierer for yet another one-to-one in-depth inter- view in his office at KTM's Mattighofen factory uncovered the background behind this roll call of success, and his plans to build on it for the future. Stefan, KTM consolidated its position as number one in Europe in 2018, when you sold over 250,000 motorcycles for the first time in a single year. Are you satisfied with the way the company has continued to grow? And where do you see future growth coming from? Since we now have a second on-road brand in Husqvarna, it's clear we can accelerate the speed of our growth via them. So right now I'm very satisfied, and even more so if I look at what's coming up next. There are a lot of good things coming to fruition, so in my opinion half a million bikes a year is not so far away—within a decade Cycle News European Editor Alan Cathcart interviews Pierer at KTM's headquarters in Mattighofen, Austria.

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