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 currently carries a debt of around 1.5 billion euros (RM7.01 billion), a significant rise from the 300 million euro (RM1.402 billion) it carried on its books just two years ago. The rise in ...

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 ...

Jack Miller rode for KTM in 2024. The motorcycle giant said it had financing requirements currently amounting to “a high three-digit million” sum. KTM is reportedly billions in debt ...

KTM has announced that it will enter a 90-day self-administration period to restructure the company amid its current financial difficulties. The Pierer Mobility group has decided to pause production ...

New factory KTM team manager Aki Ajo says “the next two years are really important” but has urged “patience” within the Austrian MotoGP manufacturer. Smaller grand prix classes stalwart ...

Firstly, if you are not aware of any of the background of how it came to this for KTM, I suggest you read this piece I wrote early in October. Since then things seem to have worsened quite ...

(Bloomberg) -- Shares of Pierer Mobility AG tumbled after the company said its KTM AG motorbike unit was filing for a self-administered insolvency in Austria. KTM will be unable to cover a “very high ...

Pierer Mobility AG, parent company of the KTM, Husqvarna, and Gas Gas brands, has announced they “will apply for the initiation of judicial restructuring proceedings with self-administration” in an ...

Pierer Mobility AG experienced a significant drop in its share value following the announcement that its subsidiary, KTM AG, is initiating a self-administered insolvency process in Austria.

The share price of Pierer Mobility AG (which owns the KTM, Husqvarna, and GASGAS motorcycle brands, and also a 50.1% share in MV Agusta Motor) climbed by 15.7% on the Zurich Stock Exchange on ...