KTM, the Austrian two wheeler manufacturer, which recently became famous in India with the launch of their stunning Duke 200, reported an amazing growth last year globally. The share of the company is mainly owned by Indian biggie Bajaj.
The company has sold total 81,200 units in 2011 globally compared to 66,237 units sold in 2010 globally. KTM achieves this high growth despite the challenging environment in Europe and USA market where sales is down by 5%.
The company is able to increase its market share from 4.9% to 6.3% in the year 2011 in European market which is extremely encouraging. And as they are stepping to India, this growth may increase.
"The successful launch of the 125 Duke and the new Enduro Competition generation were crucial for these increases. KTM's market share in Europe increased by 30% from 4.9% to 6.3% compared to previous year. Hence, KTM is the most successful brand and outpaced its competitors clearly." said Mr.Stefan Pierer, Chairman of the Executive Board of KTM Power Sports AG
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