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Near-Bankrupt KTM Owes $3 Billion, 'Pauses' MotoGP Program
Austrian motorcycle giant and maker of the X-Bow sports car KTM is on the verge of bankruptcy and will begin a “self-administration” restructuring process to avoid dissolution. A big part of the company’s big money-saving efforts will see the MotoGP effort on the chopping block.
KTM is Going Bankrupt. What Happened?
Pierer Mobility AG announced a “pit stop” for KTM AG, filing for insolvency by self-administration proceedings over th
Bankruptcy looms as KTM enters self-administration
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?
KTM forced to pause MotoGP development amid financial crisis
KTM has been forced to pause the development of its MotoGP project amid the huge financial crisis facing the Austrian
KTM Is On the Verge of Bankruptcy
Pierer Mobility AG, the owner of several motorcycle and scooter/e-bike brands, announced last week that its subsidiary KTM is undergoing a self-administered restructuring to shed debt without involving bankruptcy courts.
GPone
4h
Hervé Poncharal: "KTM's MotoGP program for 2025 is confirmed"
MotoGP: Tech3 team principal: "The Racing Department is working as usual and we have already sent some crates for testing in ...
Cycle News
1d
KTM enters self-administration, debts of over $3 billion
November 2024 will go down as one of the darkest periods ever for KTM, the Austrian motorcycle giant entering a ...
3h
on MSN
2024 KTM 250 Duke attracts year end discounts. Here's how much it will cost this December
The Austrian motorcycle manufacturer, KTM, has declared year-end discounts on its 250 Duke model. Initially priced at ₹ 2.45 ...
New Atlas
10d
As financial woes worsen, KTM takes drastic measures to cut losses
It was just a couple of years ago that Pierer Mobility-owned KTM celebrated 12 straight years of record growth. Now, the ...
TopSpeed
4h
The KTM 390 Adventure Needs To Be Very Wary Of This New ADV
Although most bikes in the segment favor touring over off-roading abilities, the Alltrhike focuses on the latter. Accordingly ...
Krone
4h
KTM: Employees are still waiting for an advance on their salaries
Three days after the opening of insolvency proceedings, the first 250 redundancies were announced at KTM - a fact that has ...
2d
Pierer, Owner Of KTM And MV Agusta, Teeters On The Brink Of Insolvency
In the early 1990s, motorcycle maker KTM was a small-scale producer. By 2023, it was one of the EU's biggest, but stumbles and falling sales have it at a crisis point.
Auto News India
1d
KTM 250 Duke gets affordable by this much. Check offers
The latest generation of the KTM 250 Duke features a range of visual and functional upgrades over the older model.
Carro e Motos on MSN
3h
YouTuber transforms old buggy with KTM 450 motorcycle engine into a unique and risky project
Matt Spears, known for his unusual adventures in the motorcycle world, decided to transform an old buggy bought on Facebook ...
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