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Author Topic: KTM to enter self-administration amid financial struggles  (Read 75 times)

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KTM to enter self-administration amid financial struggles
« on: November 26, 2024, 01:49:20 PM »
KTM to enter self-administration amid financial struggles

The Pierer Mobility group has announced that struggling bike manufacturer KTM will enter self-administration and apply for the initiation of judicial restructuring proceedings.The Austrian marque is undergoing a significant financial crisis and was seeking at least €100 million to continue operating beyond 2024.The company, currently competing in MotoGP, has laid off hundreds of employees and ...Keep reading
Source: KTM to enter self-administration amid financial struggles

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KTM to enter self-administration amid financial struggles
« on: November 26, 2024, 01:49:20 PM »
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