KTM Confirms Future in MotoGP: 'It Is Planned Not to Extend'
Dec 31, 2024 · The prominent Austrian motorcycle manufacturer KTM has announced its intention to exit the MotoGP racing series by the end of their current contract in 2026. This decision …
KTM Is Doing So Badly, It's Probably Going to Be Sold - RideApart
Nov 14, 2024 · KTM's parent company, Pierer AG, is in deep financial trouble as it blames economic conditions for its failings. But things are so bad, its latest financial release hints its possibly looking...
KTM Restructuring to Avoid Bankruptcy | Cycle World
Nov 26, 2024 · Rumors of troubled waters at Pierer Mobility, owners of KTM, Husqvarna, GasGas, and WP, have been confirmed after the company filed for self-administrated restructuring.
Banks want collateral for KTM loan | Powersports Business
8 hours ago · According to an Austrian newspaper report, KTM AG is continuing its quest to find an investor or bank to inject capital into the beleaguered brand. CEO Stefan Pierer presented a restructuring plan that offers vendors and creditors 30 percent of what is owed. The creditors have until February to decide if they will accept the plan. To meet the quota, the company needs liquidity from an investor ...
KTM ANNOUNCES STRATEGIC RESTRUCTURING PLAN
Nov 26, 2024 · KTM, which has grown from 160 employees and a production volume of 6,000 units in 1992 to a capacity of up to 1,000 motorcycles per day, is now facing significant hurdles. To address these, KTM will initiate a legal restructuring proceeding with self-administration.
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KTM PRESS CENTER
Red Bull KTM Factory Racing’s Daniel Sanders has won the ultra-challenging 48-hour chrono stage, extending his rally lead to over 12 minutes after two stages. Luciano Benavides delivered another strong ride to place sixth, with Kevin Benavides successfully completing the stage in 27th.
KTM enter 'self-administration' to tackle financial trouble
Nov 28, 2024 · 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...
As financial woes worsen, KTM takes drastic measures to cut losses
Nov 24, 2024 · In an emergency announcement released this past week, Pierer Mobility AG disclosed that KTM AG's liquidity strategy for the 2025 fiscal year will require additional funding to the tune of a...
KTM: Inside a cash crisis - Australian Motorcycle News
Dec 17, 2024 · The KTM situation is dire but it almost pales into insignificance when compared to Volkswagen, which owns Ducati via its subsidiaries Audi and Lamborghini. Now 200 billion euro ($A325b) in the red, it has become the world’s most indebted listed company.