Pierer Mobility AG, parent company of the KTM, Husqvarna, and Gas Gas brands, has announced they “will apply for the ...
In a not so shocking turn of events for the motorcycle industry, Pierer Mobility AG, the powerhouse behind KTM, Husqvarna, ...
On Friday, they’ll file for self-administration and this will give them time to work with their creditors. The exact outcome ...
Shares of Pierer Mobility AG tumbled after the company said its KTM AG motorbike unit was filing for a self-administered ...
KTM has announced that it will enter a 90-day self-administration period to restructure the company amid its current ...
Jack Miller rode for KTM in 2024. The motorcycle giant said it had financing requirements currently amounting to “a high ...
PIERER Mobility AG: KTM AG prepares application for judicial restructuring proceedings with self-administration ...
Today, KTM CEO Stefan Pierer and Co-CEO Gottfried Neumeister addressed the company’s more than 5000 employees, unveiling a ...
Net debt stands at 1.5 billion euros and, according to media reports, the Group is sitting on an inventory of 100,000 unsold ...
MotoGP: Hubert Trunkenpolz doesn't question the project in MotoGP, but it costs 40 million euros and the wind tunnel test was ...
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 ...