The Austrian KTM company has announced that it plans to start producing its positively acclaimed KTM X-Bow (Crossbow) vehicle as early as in the beginning of the 2008. Well, it may look like an eternity for some guys who just can't wait to put their hands on the little sports car, but it's anyway really good, considering average birth level rates in the exotic cars industry.[Source: Auto Review]
Continued- Article
Although it was previously announced that the first stage of manufacturing will be outsourced to the Italian Dallara company, which was supposed to produce first 100 units of the KTM X-Bow, the plans have changed eventually. It is now reported that the whole manufacturing process will be granted to the local Magna Steyr, which has a long history of producing vehicles for such incumbents as Audi, Fiat, Chrysler, Mercedes-Benz (JFYI, the 4Matic AWD transmission was developed by Magna Steyr's engineers), Saab, VW and BMW.
The first vehicles will be delivered to customers in February, 2008. By this time KTM has about 600 orders for the KTM X-Bow and hopes to produce around 500 vehicles a year in the nearest future.
