- 19.04.2007, 08:57:52
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- OTE0006
euro adhoc: KTM Power Sports AG / Strategic management decisions / KTM decides the series production of the X-Bow. Launch of the production by Magna Steyr Fahrzeugtechnik in Graz already at beginning of 2008. (E)
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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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19.04.2007
Mattighofen - April 19th, 2007
The extremely positive feedback at the world premiere of the KTM X-Bow at the
Geneva International Motor Show has turned the balance: The Upper-Austrian
Company will go into series production with the light weight sport car. The
partner for this production is Magna Steyr Fahrzeugtechnik in Graz/Austria - a
partner with long tradition and great experience in the automobile construction.
The production will already start beginning of 2008, first deliveries to
customers may be expected in February. In order to meet the high demand - there
are currently 600 orders registered - KTM aspires to reach the maximum
production capacity of approx. 1000 units per year as fast as possible. For the
following years the company expects a sales volume of more than 500 units per
year
Further inquiry note:
KTM Power Sports AG
Stefan Pierer
Telefon +43 (0) 7242 / 694 02
mailto:[email protected]
end of announcement euro adhoc 19.04.2007 08:25:00
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emitter: KTM Power Sports AG
Stallhofner Strasse 3
A-5230 Mattighofen
phone: +437242/69402
FAX: +437242 69402 109
mail: [email protected]
WWW: http://www.ktm.com
sector: Economy, Business & Finance
ISIN: AT0000645403
indexes: ATX Prime
stockmarkets: official dealing: Wiener Börse AG
language: English
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