Bankruptcy Protection
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KTM
KTM secures major investment from Bajaj, accelerates toward new era
Gottfried Neumeister, CEO of KTM AG, states that their longtime partner, Bajaj Auto, will inject an additional €600 million in…
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Dealers
One of Australia’s largest dealers enters bankruptcy, which could cause ripple effects in the U.S.
Peter Stevens Motorcycles, a household name in Australian powersports retail, has entered voluntary administration, leaving 400 jobs in limbo and…
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KTM
Bajaj comes to KTM’s rescue with major investment, restructuring plan moves forward
Bajaj Auto International Holdings BV, a Dutch subsidiary of Indian conglomerate Bajaj Auto, has secured a €566 million loan. This…
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e-bike
Pierer Mobility to exit e-bike business amid restructuring struggle
According to a preliminary financial report released April 28, the Austrian company will liquidate the remaining Husqvarna and GasGas e-bikes…
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Motorcycle
Energica Motor Company auctioned off in Italy
Energica, the Italian electric motorcycle manufacturer, was set to have all its assets auctioned off in court on March 20.
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KTM
What we know about KTM’s restructuring deal
Multiple news outlets are reporting that KTM's creditors have approved a restructuring plan that will write off 70 percent of…
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Taiga Motors
Electric powersports manufacturer returns with a new plan
According to a recent report, Taiga 2.0 is back with most of the same leadership structure. The electric OEM has…
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KTM
Banks want collateral for KTM loan
According to an Austrian newspaper report, KTM AG is continuing its quest to find an investor or bank to inject…
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e-bike
FUELL files for bankruptcy
Electrek.com reports that electric bicycle and e-motorcycle startup FUELL Inc., built with the help of motorcycle visionary Erik Buell, has…
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Taiga Motors
Taiga Motors acquired by marine EV group
Stewart Wilkinson’s group controls marine electrification brands, including Vita, Evoy, and Aqua superPower, and now has acquired Taiga Motors in…
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Taiga Motors
Taiga seeks bankruptcy protection
The ongoing struggles faced by Quebec-based Taiga Motors as it tries to become an electric snowmobile and personal watercraft pioneer…
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