Bajaj has approved to invest funds of up to Rs 150 Million Euros (around Rs 1,364 crore)| ZigWheels.com
A rumor has begun to spread that BMW is interested in purchasing the struggling and insolvent KTM and moving production to India, while the headquarters out of Austria.| RideApart.com
Die PIERER Mobility AG ist die Holdinggesellschaft von KTM AG, Europas führendem Motorradhersteller. Mit dem Fokus auf das Premiumsegment vereint das Unternehmen die Marken KTM, GASGAS, Husqvarna und MV Agusta unter einem Dach. Zum Premium-Markensortiment zählen auch die Hochleistungskomponenten der Marke WP und die speziellen KTM X-BOW Hochleistungssportwagen. Husqvarna und GASGAS E-Bicycles sowie Fahrräder der Marke Felt komplementieren das Zweiradsortiment von PIERER Mobility.| www.pierermobility.com
KTM’s struggles are out there for everyone to see. The Austrian bikemaker has been in a tough financial crisis for a while and we all knew strict measures had to follow. Well, here we are.| New Atlas
Harley-Davidson's annual report for 2024 is out. Sadly, its numbers do not look good. The company recorded a 60% drop in motorcycle revenue and sold 53% fewer motorcycles in its last quarter compared to the same period in 2023. Ouch.| New Atlas
KTM’s financial troubles are much worse than many suspected. The company has entered self-administration to undergo a restructuring process in an attempt to stave off bankruptcy. Is a total collapse of one of the world’s leading motorcycle manufacturers near?| New Atlas
It was just a couple of years ago that Pierer Mobility-owned KTM celebrated 12 straight years of record growth. Now, the company is in a dire crisis that requires a halt in production and the sacking of more than 300 employees. How did it get here?| New Atlas