Ktm

Early years Edit In 1934, an Austrian engineer Johann (Hans) Trunkenpolz[12] set up a fitter's and car repair shop[13] in Mattighofen. In 1937, he started selling DKW motorcycles, and Opel cars the following year. His shop was known as Kraftfahrzeug Trunkenpolz Mattighofen, but the name was unregistered. During the Second World War, his wife took care of the business which was thriving mainly on account of diesel engine repairs.[14] After the war, demand for repair works fell sharply and Trunkenpolz started thinking about producing his own motorcycles. The prototype of his first motorcycle, the R100, was built in 1951.[15] The components of the motorcycle were produced in house, except for the Rotax engines which were made by Fichtel & Sachs. Serial production of the R100 started in 1953. With just 20 employees, motorcycles were built at a rate of three per day.[16] KTM 1953–1991 Edit In 1953, businessman Ernst Kronreif became a major shareholder of the company, which was renamed and registered as Kronreif & Trunkenpolz Mattighofen. In 1954, the R125 Tourist was introduced,[17] followed by the Grand Tourist[18] and the scooter Mirabell[19] in 1955. The company secured its first racing title in the 1954 Austrian 125cc national championship.[20] In 1956, KTM made its appearance at the International Six Days Trials, where Egon Dornauer won a gold medal on a KTM machine.[21] In 1957, KTM built its first sports motorcycle, the Trophy 125cc.[22] 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.[23] The 1960s also saw the beginning of bicycle production in Mattighofen. Ernst Kronreif died in 1960.[24] Two years later in 1962,[25] Hans Trunkenpolz also died of a heart attack. His son Erich Trunkenpolz took charge of the company's management. As the company continued to expand, the workforce totalled 400 in 1971, and forty years after it was founded, KTM was offering 42 different models. Additionally, KTM was able to produce motorcycles for the racing industry. During the 1970s and 80s, KTM also started to develop and produce engines and radiators. Radiators sold to European car manufacturers constituted a sizable part of the company's business in the 1980s.[26] In 1978,[27] US subsidiary KTM North America Inc. was founded in Lorain, Ohio. In 1980, the company was renamed KTM Motor-Fahrzeugbau KG.[26] One year later, KTM had about 700 employees and a turnover of 750m. Schilling (about 54.5m. euros). International business then amounted to 76% of the company's turnover.[26]KTM AG (formerly KTM Sportmotorcycle AG[4][5]) is an Austrian bicycle, motorcycle and sports car manufacturer owned by Pierer Mobility AG and Indian manufacturer Bajaj Auto. It was formed in 1992 but traces its foundation to as early as 1934. Today, KTM AG is the parent company of the KTM Group, consisting of a number of motorcycle brands. KTM AG KTM-Logo.svg KTM Main Building.jpg KTM headquarters in Mattighofen Type Public (Aktiengesellschaft) Traded as SIX: KTMI Industry Motor vehicles Founder Hans Trunkenpolz Headquarters Mattighofen, Upper Austria, Austria Area served Worldwide Key people Stefan Pierer (CEO)[1] Friedrich Roithner (chairman of supervisory board) [2] Products Motorcycles, sports cars, bicycles Production output 203,423 vehicles (2016) Revenue Increase €1.14 billion (2016)[3] Operating income Increase €102.8 million (2016)[3] Net income Increase €72.1 million (2016)[3] Owners Pierer Mobility AG (98.2%) Number of employees Increase 2,931 (2017)[3] Subsidiaries Husqvarna Gas Gas WP Suspension Website ktm.com ktmgroup.com KTM is known for its off-road motorcycles (enduro, motocross and supermoto). Since the late 1990s, it has expanded into street motorcycle production and developing sports cars – namely the X-Bow. In 2015, KTM sold almost as many street as off-road bikes.[6] Since 2012, KTM has been the largest motorcycle manufacturer in Europe for four consecutive years.[7][8] Globally, the company is among the leading off-road motorcycle manufacturers.[9][10] In 2016, KTM sold 203,423 motor vehicles worldwide.[11