this post was submitted on 15 Nov 2024
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KTM Is Doing So Badly, It's Probably Going to Be Sold (www.rideapart.com)
submitted 2 years ago by blindbunny@lemmy.ml to c/motorcycles@lemmy.world
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cross-posted from: https://fedia.io/m/micromobility@lemmy.world/t/1435997

KTM's parent company, Pierer AG, is in deep financial trouble as it blames economic conditions for its failings. But things are so bad, its latest financial release hints its possibly looking to sell a majority stake in the company.

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[–] blindbunny@lemmy.ml 5 points 2 years ago

I'm with you but it wasn't always this way. It seems like this started happening after KTM got bought...