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The Latest Breaking News from Pierer Mobility

Austria Approves Bajaj's KTM Takeover. So What's Next?

It's official, the Austrian authorities have given their blessing for Bajaj Auto International Holdings to take over all of Pierer Industrie's shares in KTM. What's next?

RideApart

KTM's Parent Company Says It's Changing Names, Which Is Unsurprising

Pierer Mobility AG is the parent company of KTM, or it was. But in light of the company's new majority stakeholder, it's about to shoot up the alphabet.

RideApart

KTM Seems Secure, But What About Husqvarna and GasGas?

KTM's future seems, at the very least, planned out. But are GasGas and Husqvarna in danger? Let’s read between the lines of KTM’s crisis recovery through their CEO's own words.

RideApart

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KTM Parent Company Is Bringing New Blood Into Its Board, Unsurprisingly

After Bajaj Auto swooped in and saved KTM parent Pierer Mobility AG from itself, it was clear that changes were in order. By the end of June, new board members are joining.

RideApart

KTM's Parent Company Lost Nearly 1.2 Billion Euros Last Year

With the end of April just behind us, we're deep in the midst of quarterly/annual report season from all your favorite OEMs. The way that KTM parent company Pierer Mobility's reporting calendar works, it would usually have assembled its FY2024 annual report and released it by the end of April.…

RideApart

KTM Reportedly Changes Mind, Wants To Repay Creditors At Once, Not Over Time

It's already the middle of February, and if you've been following the KTM insolvency saga, then the name of this month may just ring a bell for you. Why? Because February 25th is the deadline for any KTM restructuring plan to officially be approved by its creditors.

RideApart

KTM Wants You To Forget Its Problems, Unveils a "New" 790 Duke

KTM has been making headlines lately, and it hasn’t exactly been for good reasons. Team Orange’s parent company, Pierer Mobility, has been working day and night to manage a PR nightmare—one that’s looking to be more of a reality than anyone ever thought. And while it’s relieving that KTM isn’t…

RideApart

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The steps KTM is taking to protect its MotoGP division while it awaits a saviour

Pedro Acosta was at home when he found out about the technical knockout in which KTM has found itself, right after the great revelation of the 2024 MotoGP championship had finished sixth in his rookie season with the most podiums of the Austrian manufacturer's rider line-up.

Motorsport

[UPDATED] The Motorcycle Industry Will Be Seriously Affected By KTM's Insolvency, Here's Why

[UPDATE, January 13, 2025: As AKV predicted would happen in a previous communication with RideApart, two more Pierer Mobility subsidiaries have now declared insolvency in Austria. They are: Avocodo GmbH and Pierer E-Commerce GmbH. Avocodo is mainly responsible for software services, including dealer and customer portal and website operation and maintenance.…

RideApart

Three Investors Show Interest In KTM, and You Know Two of Them Already

We've been told since we were kids that three is a magic number. Will it work out that way for KTM, though?The report from its restructuring administrator, Alpenländischer Kreditorenverband Europa (AKV), contains a number of important details. While we've primarily been talking about KTM AG (the motorcycle manufacturer), they're one of…

RideApart

KTM's insolvency administrator puts shares of MV Agusta on sale

An insolvency administrator has put KTM's shares in MV Agusta up for sale, as the Austrian auto giant continues to reel in from a financial crisis.

Autosport

KTM to enter self-administration amid financial struggles

The Pierer Mobility group has announced that struggling bike manufacturer KTM will enter self-administration and apply for the initiation of judicial restructuring proceedings.

Autosport

KTM denies Red Bull rescue rumours, reiterates commitment to MotoGP

KTM has denied speculation that Red Bull could step in and pull it out of its current financial troubles, while at the same time reiterating that it remains committed to competing in MotoGP.

Motorsport

Tough Choices at KTM, As Temporary Production Halt Planned

To say that things haven't been looking great over at KTM for a minute is a bit of an understatement.

RideApart

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KTM's Parent Company Is In Deep Trouble, Cuts Board and Revenue Forecasts

Pierer Mobility AG, the parent company of KTM, GASGAS, MV Agusta and Husqvarna, has announced that not only will it do away with its 2024 revenue projections, but also a handful of executives.

Autosport

Vinales makes Tech3 KTM MotoGP switch alongside Bastianini for 2025

As revealed by Autosport on Wednesday, the Spaniard will end his three-year stint with Aprilia, which has yielded one grand prix victory in Austin this year and a total of seven podium finishes. He will join the structure currently managed by Tech3 and KTM’s parent company Pierer Mobility group, which…

Autosport

Why MotoGP's star rookie Acosta has already got KTM orbiting around him

Pedro Acosta's third place in last weekend's MotoGP Portuguese Grand Prix makes him the third youngest rider in the premium category ever to score a podium. Only Randy Mamola (19 years and 261 days) and Eduardo Salatino (19 days and 274 days) have managed the feat at a younger age than…

RideApart

KTM Parent Company Says It's Taking Over MV Agusta

KTM's parent company, Pierer Mobility AG, announced plans to take a controlling stake in MV Agusta as soon as spring 2024 instead of waiting two more years.

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RideApart

Speed Reads: KTM Parent Company To Move Production, Cut 300 Jobs In Austria

KTM, Husqvarna, and GasGas parent company Pierer Mobility is making significant changes in 2024; Trackhouse Aprilia joins MotoGP; Matthias Walkner out of Dakar.

Cycling Weekly

Felt bicycles to be sold due to ‘difficult’ economic environment

American bike brand to change ownership for third time in six years

RideApart

KTM Parent Company Says It Will Acquire Majority MV Agusta Stake In 2026

After months of speculation, KTM's parent company formally announced that it plans to obtain a majority stake in MV Agusta in 2026, putting an end to rumors.

RideApart

MV Agusta Is Bringing Its Completed 9.5 Adventure Bike To EICMA 2023

After years of waiting, MV Agusta says that it's finally ready to show the complete version of the adventure bike it's calling the "9.5 Project" at EICMA 2023.

RideApart

A Look At Triumph, Bajaj, Harley, Hero, And The Rise Of The Middleweights

The 300 to 400cc motorcycle segment is booming in 2023. Here's how Triumph, Bajaj, Harley, Hero, Royal Enfield, CFMOTO, KTM, BMW, & TVS all fit into the puzzle.

RideApart

Is KTM Planning To Take Over MV Agusta In The Next Few Years?

KTM and its parent company, Pierer Mobility, have increasingly developed dealings with MV Agusta, but is there any weight to the rumors about future control?

RideApart

MV Agusta Doesn’t Need Lucky Explorer, According To Stefan Pierer

Pierer Mobility CEO Stefan Pierer states that “No one needs a Lucky Explorer from MV,” in an interview with German outlet Motorrad.

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