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 ...
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’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 ...
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 ...
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To make matters worse, KTM confirmed that the new 1390 Adventure lineup, its top-of-the-line adventure motorcycles, will not make its way to North America as 2025 models, but rather in 2026, a ...