The Pierer Mobility Group has announced that KTM is entering into voluntary restructuring in order to avoid bankruptcy amid ongoing financial woes in the company. KTM’s financial problems have ...
Austria – 26 November, 2024 – KTM CEO Stefan Pierer and Co-CEO Gottfried Neumeister today addressed the company’s more than 5,000 employees, unveiling a comprehensive plan to navigate the ...
It’s starting to look like all those rumors about KTM struggling recently are true. However, the writing was on the wall after the company announced its plans to scale down some of its racing programs ...
KTM’s financial status is once again in the news, with owners Pierer Mobility confirming it will apply for “judicial restructuring proceedings with self-administration” or ‘Sanierungsverfahren unter ...
CEO of KTM, Stefan Pierer has announced the Austrian brand will undertake a 90-day ‘self-administration’ process in a bid to restructure the company and move toward the end of their current ...
KTM may temporarily stop production at its Austria plant for the first two months of 2025 KTM, one of the most recognised motorcycle brands in the world, finds itself in a financial mess. KTM AG ...