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KTM Holiday Party and Track Day

It takes a gambler to win and the Austrian motorcycle maker KTM took that gamble on the weather last Friday while throwing a holiday party slash track day at its local Pala Raceway. Known locally for its Indian casino, Pala, California and its motocross raceway was the site of KTM’s Christmas gift to owners and fans. Warding off the falling rain for most of the day, KTM owners had free reign of Pala Raceway’s 200-plus acres, DJ entertainment, product raffles, a look at Team Peterson’s hill climbing team bikes and photos with Santa for the kids and Jager girls for the adult children.

1,228 KTM and Husaberg Motorcycles Recalled

KTM and subsidiary Husaberg have initiated a recall campaign for certain 2010 and 2011 models due to a problem with their handlebar clamps. The recall campaign includes the 2011 KTM 450 EXC, KTM 530 EXC, Husaberg FE 570S, Husaberg FS 570 and the 2010-2011 KTM 690 Enduro R. The recall affects 1,228 units.

Bajaj Increases Stake in KTM

India’s Bajaj Auto has acquired an additional 6.3% stake in KTM, raising its share of the Austrian manufacturer to 47%. According to Economic Times, Bajaj purchased the latest 6.3% through a Netherlands-based subsidiary. Bajaj first acquired a portion KTM in 2007, purchasing a 14.5% stake.