On Friday, they’ll file for self-administration and this will give them time to work with their creditors. The exact outcome ...
None of this is what you'd call "good." Times are tough for KTM's parent company Pierer Mobility AG. Though it has some of ...
KTM announces a restructuring plan to address financial challenges, aiming for completion within 90 days of November 29th.
KTM has announced that it will enter a 90-day self-administration period to restructure the company amid its current ...
MotoGP: Hubert Trunkenpolz doesn't question the project in MotoGP, but it costs 40 million euros and the wind tunnel test was ...
It was just a couple of years ago that Pierer Mobility-owned KTM celebrated 12 straight years of record growth. Now, the ...
Jack Miller rode for KTM in 2024. The motorcycle giant said it had financing requirements currently amounting to “a high ...
Pierer Mobility AG, parent company of the KTM, Husqvarna, and Gas Gas brands, has announced they “will apply for the ...
KTM CEO Stefan Pierer and Co-CEO Gottfried Neumeister today addressed the company's more than 5000 employees, announcing the ...
The Pierer Mobility Group has announced that KTM is entering into voluntary restructuring in order to avoid bankruptcy amid ...
Today, KTM CEO Stefan Pierer and Co-CEO Gottfried Neumeister addressed the company’s more than 5000 employees, unveiling a ...
Shares of Pierer Mobility AG tumbled after the company said its KTM AG motorbike unit was filing for a self-administered ...