Pierer Mobility AG, parent company of the KTM, Husqvarna, and Gas Gas brands, has announced they “will apply for 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 ...

MotoGP: Pierer Industrie's spokespersons said the group is not in an over-indebtedness situation. Discounts of up to 20% for motorcycles in warehouses.

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 ...

Net debt stands at 1.5 billion euros and, according to media reports, the Group is sitting on an inventory of 100,000 unsold ...

KTM has grown to become Europe’s largest motorcycle manufacturer, but that’s a hollow victory as the company is insolvent and ...

Pierer Mobility AG, the parent company of renowned motorcycle manufacturer KTM, has initiated a European restructuring process to address €250 million in financial obligations. The restructuring ...

Pierer Mobility AG announced a “pit stop” for KTM AG, filing for insolvency by self-administration proceedings over the ...

In a not so shocking turn of events for the motorcycle industry, Pierer Mobility AG, the powerhouse behind KTM, Husqvarna, ...