Forum

Forums
Motorcycles
MotoGP
KTM to enter self-a...
 
Notifications
Clear all

KTM to enter self-administration amid financial struggles

 
    Last Post
RSS

Posts: 21343
 CanadianRacingOnline
Admin
Topic starter
Nov 26, 2024 1:49 pm
(@canadianracingonline)
Member
Joined: 23 years ago

KTM to enter self-administration amid financial struggles

[html]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[/html]

Source: KTM to enter self-administration amid financial struggles


Canadian Racing Archive Project.
http://www.canadianracingarchives.com/

Forum Jump:
  Previous Topic
Next Topic  
Share: