PIERER Mobility Group
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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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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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KTM
KTM to pull out of MV Agusta majority stake?
However, KTM's parent company, Pierer Mobility, will likely continue to own subsidiary brands GasGas and Husqvarna.
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KTM
PIERER Mobility looks to investors for KTM financial lifeline
PIERER Mobility AG has issued an Ad hoc statement of insider information about its "far-reaching restructuring and additional liquidity requirement…
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KTM
KTM teases five new bikes ahead of EICMA return
KTM has announced that it will invest in a major official presence at EICMA for the first time in five…
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KTM
Pierer Mobility announces more layoffs, names new Co-CEO
The company, which has been saddled with high debt and soft sales this year, plans to cut another 200 jobs…
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MV Agusta
KTM, PIERER Mobility announce early takeover of MV Agusta
KTM and parent company PIERER Mobility AG recently announced that they are exercising a call option to acquire a 50.1%…
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KTM
PIERER Mobility AG reports motorcycle segment growth for FY23
Contrary to the difficult global economic conditions, demand in the core markets of Europe grew very strongly at +11% and…
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Latest News
PIERER Mobility reports strong sales and revenue for the first half of 2023
Group-wide, Europe accounted for 59% of the revenue, while North America was responsible for 28%. The rest of the company's…
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