Former Grand Prix racer Jeremy McWilliams has reportedly been dropped from his role as a test rider at KTM, a role he’s held for 15 years. McWilliams, perhaps best known in a Grand Prix context ...
You’ve reached your account maximum for followed topics. While the world worries about KTM’s financial woes, the bikemaker is focusing on the future of its lineup. Accordingly, Team Orange has ...
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 ...
The Pierer Mobility Group has announced that KTM is entering into voluntary restructuring in order to avoid bankruptcy amid ongoing financial woes in the company. KTM’s financial problems have ...
We inspire millions of motorcycle riders around the world with our products,” says Stefan Pierer, chief executive officer of KTM AG. “Now we are taking a pit stop for the future. The KTM brand ...
The aim of the proceedings is to agree upon a reorganisation plan with the creditors within 90 days. Having failed to raise funds to the tune of ‘high three-digit’ million to keep itself ...
CEO of KTM, Stefan Pierer has announced the Austrian brand will undertake a 90-day ‘self-administration’ process in a bid to restructure the company and move toward the end of their current ...
KTM is preparing to go bust as they have hundreds of millions in debt and don’t expect to receive interim financing in time to meet their obligations. On Friday, they’ll file for self ...
Notably, KTM filed for judicial restructuring proceedings on Friday with self-administration, as its management does not expect to be able to secure the necessary ‘high three-digit’ million ...