Pierer Mobility AG, parent company of the KTM, Husqvarna, and Gas Gas brands, has announced they “will apply for the ...
On Friday, they’ll file for self-administration and this will give them time to work with their creditors. The exact outcome ...
Pierer Mobility AG announced a “pit stop” for KTM AG, filing for insolvency by self-administration proceedings over the ...
PIERER Mobility AG: KTM AG prepares application for judicial restructuring proceedings with self-administration ...
Shares of Pierer Mobility AG tumbled after the company said its KTM AG motorbike unit was filing for a self-administered ...
It was just a couple of years ago that Pierer Mobility-owned KTM celebrated 12 straight years of record growth. Now, the ...
The Pierer Mobility Group has announced that KTM is entering into voluntary restructuring in order to avoid bankruptcy amid ...
Jack Miller rode for KTM in 2024. The motorcycle giant said it had financing requirements currently amounting to “a high ...
Net debt stands at 1.5 billion euros and, according to media reports, the Group is sitting on an inventory of 100,000 unsold ...
The Austrian motorcycle giant Pierer Mobility AG encountered a significant market setback as its subsidiary KTM AG announced plans to initiate court-supervised restructuring proceedings on November 29 ...
KTM finds itself in financial trouble, with a significant slowdown in US and European sales among other things.
MotoGP: Hubert Trunkenpolz doesn't question the project in MotoGP, but it costs 40 million euros and the wind tunnel test was ...