Current owner Stefan Pierer will completely exit KTM’s leadership in June Bajaj Auto is now acquiring Pierer Industries’ entire stake in the parent company of KTM, Husqvarna, and Gas Gas, in a breakthrough blockbuster deal estimated to be worth €800 million (US$901.8 million). This is expected to get completed by May 2026 with due regulatory […]
Bajaj to Acquire KTM Read More »
Bajaj Auto is making a bold move to secure a majority stake in KTM, the globally renowned Austrian motorcycle brand. Through its Netherlands-based subsidiary, Bajaj Auto International Holdings BV (BAIHBV), the Indian automaker is transitioning from a minority investor to a key decision-maker in KTM’s parent company, aiming to steer the brand out of financial
Bajaj Auto Strengthens Hold on KTM, Injects €800 Million for Revival Read More »
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 »
KTM Wins at Dakar and loses its plot in product positioning The Austrian brand gave us some of the most badass MX and enduro bikes in history. Then they decided to chase every shiny object in the motorcycling universe. KTM became a brand that went from dominating the dirt to suddenly rolling out high-tech adventure
KTM destroys competition at Dakar 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 »
Hey, Has this week been insane or what. The French leader resigned, the Canadian dictator quit, and our Californian Leaders let Los Angeles burn. Our current President is sending more funds to the Ukraine while California burns. You do understand the reasoning behind the mismanagement of California water reserves and the first responder cut-backs in
THE UNRAVELING BIKERNET WEEKLY NEWS for January 9, 2025 Read More »
Will KTM become a Chinese funded brand?Three primary investors show interest in KTMMaybe keeping KTM operational is in the industry’s best interest There are three arms of the KTM Group that are currently going through insolvency proceedings in Austria. KTM AG, the R&D arm KTM Forschungs & Entwicklungs GmbH, and the components arm KTM Components
Who will grab KTM eventually? Read More »
Hey, We have so much to be thankful for today. I’m proud of America for standing up for freedom and democracy. More than that for standing up for truth and integrity. For the first time in almost four years we have something to look forward to. In my entire life I never thought evil could
THE THANKSGIVING BIKERNET WEEKLY NEWS for November 28, 2024 Read More »
and the fortunes of PIERER Mobility AG PIERER Mobility AG: Far-reaching restructuring and additional liquidity requirement at KTM AG 12-Nov-2024 / 20:42 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG. The issuer is solely responsible
FROM PRESS RELEASE: KTM Crises Read More »
Small is Big: Motorcycles with less power, more styling, high sales volumes Just as the world was recognising the perks of weekend motorcycle getaways and big V-Twin engines, there was also economic collapse, trade tariff wars and then the curse of the climate. Everyone complained about the weather and then somebody actually did something about
Invasion of the Small Capacity Engines Read More »
Friends as diverse as their range of motorcycle brands ride India’s Countryside There is this wonderful group of riders who have accumulated a million kms and plenty more goodwill. Musafirs motorcycle club started in 2010 and camaraderie, discovery, adventure, expertise and fun have ensured that they have been on a group ride almost every month
Summer Ride to Kolad Farmhouse Read More »
U.S. EXPERIENCES LARGEST 6-MONTH INCREASE IN TRAFFIC DEATHS EVER U.S. traffic deaths soared in the first six months of 2021, making for the most deadly 6-month period ever recorded. An estimated 20,160 people died in motor vehicle crashes on U.S. roads, an 18.4% increase from the same period in 2020, announced the U.S.
NCOM Biker Newsbytes for December 2021 Read More »
Legislative Motorcycle News from USA and the world Compiled & Edited by Bill Bish National Coalition of Motorcyclists (NCOM) News provides updates on motorcycle industry, market, legislation, rights of bikers, motorcyclists in USA, and motorcycle news from around the world. Read the latest on legislation, State laws, European motorcycle law changes and more. Click Here
NCOM Biker Newsbytes for November 2021 Read More »
from https://www.malaymail.com How blind spot warnings could be displayed directly in motorcycle mirrors. Motorcycle manufacturers are exploring ways of alerting riders to the risk of collision with vehicles in their blind spot. TOKYO, Sept 30 — Yamaha has filed a new project with the Japanese Patent Office for a system that alerts motorcycle or scooter
Blind Spot Warnings Display On Motorcycles Read More »
by Reuters from https://www.investing.com MILAN (Reuters) – Italian scooter maker Piaggio said on Monday it had set up a consortium with Honda Motor Co., KTM AG and Yamaha Motor Co. to encourage the use of swappable batteries for electric motorcycles and light electric vehicles. The Swappable Batteries Motorcycle Consortium (SBMC) aims to broaden the use
Piaggio, KTM, Honda and Yamaha set up swappable batteries consortium Read More »
by Todd Halterman from https://www.autoevolution.com It begins with the story of the legendary Suzuki Hayabusa. When that beast launched back in 1999, it triggered a hurricane of anxiety among various manufacturers – and it all came down to the top speed of the bike – a stunning 194 mph. The Hayabusa represented a quantum leap
Eight of the Fastest Street-Legal Motorcycles You Can Buy in America Read More »
LOUDON, NH, UNITED STATES – The 98th Annual Loudon Classic weekend by Mayhew Tools featured three days of perfect weather, fans from all over New England and racing with the NorthEast Motorcycle Road Racing (NEMRR) series. NEMRR is part of the national Championship Cup Series organization and riders from the Northeast, Atlantic and Mid-Atlantic regions
98th Loudon Classic a Great Success Read More »
by James Warren from https://www.theolivepress.es SPAIN has often been called the mecca for motorcycle racing, with world champions being cultivated from the moment they can sit on a bike. Household names like Marc Marquez, Aleix Espargaro and current champ Joan Mir all started riding and racing while they were at school, making use of Spain’s
A 17-year-old is taking the motorcycle racing world by storm Read More »
by Samantha Gowen from https://www.sbsun.com KTM, an Austrian manufacturer of street and off-road motorcycles, is expanding its North American headquarters in Murrieta to a new campus. A groundbreaking is expected in August. KTM NA (North America) is building its campus at the northeast corner of Winchester and Borel roads. The company, led by CEO John
Motorcycle manufacturer KTM expanding U.S. HQ in Murrieta Read More »
by Qasim Aslam from https://www.insidermonkey.com Which big players are ruling the motorcycle industry? This article is going to tell you about the 10 best motorcycle manufacturers in the world right now. 10. Indian Motorcycle/Polaris Inc. (NYSE: PII) Polaris claims to be America’s first motorcycle company as it traces its origin back to 1901. It was
10 Best Motorcycle Companies in the World Read More »
from https://auto.economictimes.indiatimes.com The consortium will define the standardised technical specifications of the swappable battery system for vehicles belonging to the L-category, mopeds, motorcycles, tricycles and quadricycles. Piaggio Group on Monday said it has signed a letter of intent with KTM AG, Honda Motor and Yamaha Motor to set up a Swappable Batteries Consortium for motorcycles
Piaggio, KTM, Honda and Yamaha to set up swappable batteries consortium Read More »
