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As financial woes worsen, KTM takes drastic measures to cut losses

It was just a couple of years ago that Pierer Mobility-owned KTM celebrated 12 straight years of record growth. Now, the company is in a dire crisis that requires a halt in production and the sacking of more than 300 employees. How did it get here?Co

By: New Atlas

Nov 25 2024
53
3031 Views

As financial woes worsen, KTM

It was just a couple of years ago that Pierer Mobility-owned KTM celebrated 12 straight years of record growth. Now, the company is in a dire crisis that requires a halt in production and the sacking… [+4761 chars]