KTM’s creditors accepted the company’s restructuring plan. There is a now a path to move forward and to begin full production again. The plan was accepted just days before the February 27 deadline for KTM AG’s self-administration proceedings. “I am grateful and happy today. KTM is back on track. Our employees have done everything over […]
KTM Survives For Now Read More »
KTM Management Dodges American Hedge-Fund on Road to Restructure Debt-ridden Company I am kind of getting bored if not sick of KTM hogging the news regarding its financial mismanagement — they have cool motorcycles and losing money — something Harley-Davidson should watch out for. Motorcycle Maker KTM has been Accused of ‘Delaying Tactics’ Ahead of
KTM Management Dodges American Hedge-fund Read More »
KTM has sold MV Agusta back to the Sardarov Family MV Agusta is returning to the control of the wealthy family that had previously owned the Italian brand, shortly after it had been purchased by a larger motorcycle company. If this sounds familiar, its deja vu indeed. The Castiglioni family regained full ownership of MV
MV Augusta escapes KTM $debtstorm Read More »
All that has a beginning has an end— no not from some Asian sacred text–that’s from The Matrix sequel. But just as Neo fought on with no hope to defeat the endless clones of Agent Smith— the rise of multiple heads of creditors can and may get overwhelming. What did Pierer Mobility do as solution–
KTM drags on the inevitable Read More »
Boardroom Circuit of KTM KTM yearly 2024 revenue is down 29 percent as compared to 2023, and its earnings before interest, taxes, depreciation, and amortization (EBITDA) is apparently in the red to the tune of 300 million Euros. Pierer AG also notes on record that it’s cut around 1,800 employees so far. Stefan Pierer, who
Has KTM CEO actually resigned ? Read More »
