KTM Bikes Entering Iranian Market
Economy, Auto

KTM Bikes Entering Iranian Market

Austria's KTM, famous for its high-performance motorcycles, has announced plans to enter the Iranian market in the coming months.  The announcement by the large group, which is part owned by India's Bajaj company, which is already present in Iran's growing motorbike market, refers to its focus on East Asia expansion, CNBC India reported.  Currently only a handful of KTM bikes is available in the Iranian market, with no company officially signing up with the country.  KTM announced in their recent press release that it is eying higher volumes through assembly in Asia, though it did not specify if this referred to Iran.
The Bajaj partner of the company is believed to be shipping the bikes to the Iranian market. Financial Tribune contacted Kavir Motorcycle, which also claims to be the official representative of the Austrian firm. It claimed to have the official contract to sell KTM motorcycles in Iran and that it recently opened a flagship showroom for those bikes in northern Tehran. KTM Austria was not able to comment at the time of going to print to confirm Kavir's claim.


Short URL : http://goo.gl/iFd0GS
  1. http://goo.gl/mOazaj
  • http://goo.gl/Gpvy7m
  • http://goo.gl/01t2aA
  • http://goo.gl/XqBTrO
  • http://goo.gl/jtKchT

You can also read ...

FAO Forecasts Iran’s Cereal Output to Rise 12% in 2018
Despite autumn dryness, crop conditions recovered in Iran and...
Iran's Summer Box-Office Revenues Exceed $5 Million
Iran’s box-office revenues exceeded 610 billion rials ($5.19...
Iran Housing Market Bracing for Double-Dip Recession: Aug-Sep 2018 Report
New data show property deals in Iran are on a downward...
Hot Autumn for Tehran Stocks
Tehran stocks rose solidly on Sunday, recording another all...
SCI Puts Iran's YOY Inflation at 25.7%
The goods and services Consumer Price Index for the month...
Mobile Internet Services Get Costlier in Iran
Major mobile operators MTN-Irancell and Mobile...
Iran Privatization Organization's Gravest Dilemma: Volatile Forex Market
The gravest problem facing privatization in Iran is the...
Iran Agrifood Exports Rise 27% to Record High of $2.6 Billion
Around 2.94 million tons of agricultural and food products...