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As financial woes worsen, KTM takes drastic measures to cut losses
https://newatlas.com/motorcycles/ktm-financial-woes-losses/
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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?
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