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
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New Products/Series production sport car
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
end of announcement euro adhoc 19.04.2007 08:25:00 --------------------------------------------------------------------------------
ots Originaltext: Cross Holding AG Im Internet recherchierbar: http://www.presseportal.de
Further inquiry note: KTM Power Sports AG Stefan Pierer Telefon +43 (0) 7242 / 694 02 mailto:ir@ktmpowersports.com
Branche: Economy, Business & Finance ISIN: AT0000645403 WKN: 726812 Index: ATX Prime Börsen: Wiener Börse AG / official dealing
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