5 months KTM PH out to sell 4,000 units this year Manilatimes |Biz
Ayala-owned KTM distributor Adventure Cycle Philippines, Inc. is eyeing to boost sales by nearly 50 percent this year as it expands its dealership network. Adventure Cycle President Andre Angelo Santos told the reporters last week that the firm was targeting to sell 4,000 units in 2019, up from last year’s 2,700. Year-to-date sales have neared 900 units, he added. “The growth of KTM as a brand, I think, is really dependent on the number of dealerships,” Santos said. Adventure Cycle will be opening 10 new dealerships this year under a plan to close 2019 with a total of 42. ... more