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 ...

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 ...

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 ...

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 ...

Keretapi Tanah Melayu Berhad (KTMB) has announced the cancellation of its MySawasdee train service between KL Sentral and Hat Yai, Thailand due to risk of floods In a Facebook statement, KTMB said the ...

Struggling Austrian motorcycle manufacturer KTM’s debts could be as high as €3 billion according to fresh reports as the company enters self-administration. KTM’s money troubles have ...

KTM customers have “no need to fear any negative impacts” following the announcement earlier this week that Pierer Mobility – the parent company of KTM AG – are in a period of self-administration ...

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 ...

After the unpleasant news of the last few days and weeks in connection with the economic decline of the Pierer Group - with the motorcycle brands KTM, Husqvarna, GASGAS and a 50.1 percent share in ...

KTM currently carries a debt of around 1.5 billion euros (RM7.01 billion), a significant rise from the 300 million euro (RM1.402 billion) it carried on its books just two years ago. The rise in ...