Over the past few months there have been news reports and online chatter about the financial challenges facing KTM. In this video posted on KTM’s YouTube channel on November 26, CEO Stefan Pierer and Co-CEO Gottfried Neumeister addressed KTM fans and the larger motorcycle community about the company’s plan to enter a 90-day self-administration phase so that it can move forward. Today, KTM sent out the following press release and accompanying video. –Ed. RISING THROUGH ADVERSITY: KTM PLOTS A PATH TO THE FUTURE AND TO MORE VICTORY 2024 has been a remarkable year for KTM, marked by bold innovation, thrilling victories, and unwavering customer dedication. While challenges are part of any great journey, we see them as an opportunity to accelerate toward an even brighter future. It is no secret that KTM AG is navigating a shifting economic landscape. However, as our READY TO RACE mantra suggests,… ...[TheTopNews] Read More.
5 days ago
