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.
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.
KTM Has an Entire Year's Worth of Unsold Motorcycles Piling Up
Dec 21, 2024 · KTM's woes have been brought into the light due to its insolvency proceedings, including that it has an entire year's worth of unsold motorcycles spread across its dealer network world wide.
KTM Declares ‘Here to Stay!’ - Rider Magazine
Dec 20, 2024 · Over the past few months there have been news reports and online chatter about the financial challenges facing KTM. In this video posted on KTM’s YouTube channel on November 26, CEO Stefan ...
KTM's Money Troubles Get Worse: Workers Unpaid, Citibank Now …
Dec 18, 2024 · According to reports from Europe, between KTM AG, KTM Components GmbH and KTM Forschungs & Entwicklungs GmbH, the affected entities owe about 2.9 billion euros (as estimated by financiers), a lot more than initially expected—and multiple reports from Austria say the company’s employees are missing a November paycheck from KTM, as well as ...
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 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...
KTM attempts to stave off bankruptcy with restructuring
Nov 27, 2024 · 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.
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