
Therefore, KTM has called on Magna-Steyr, a subsidiary of Canadian car parts giant Magna, to handle the production process. Magna-Steyr is a contract manufacturer, assembling the Chrysler 300C, Chrysler Voyager, Jeep Grand Cherokee, BMW X3, and other vehicles for the European market. This new deal will see the Graz-based company eventually churn out 1,000 X-Bows a year.
The X-Bow is powered by an Audi-sourced 1.8-liter engine, tuned to some 220 horsepower, enabling the lightweight (1,500-pound) two-seater to accelerate from zero to 60 mph in less than 4.0 seconds. A 300-hp version is in the works. Estimated price will be under $60,000
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