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 1 month ago by [email protected] to c/motorcycles
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cross-posted from: https://fedia.io/m/[email protected]/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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[–] LowtierComputer 3 points 2 weeks ago

It is. And I feel bad for him. He's a good dude who's just trying to have fun with what little he makes.