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KTM to enter self-administration and company restructure

KTM has announced that it will enter a 90-day self-administration period to restructure the company amid its current financial difficulties. The Pierer Mobility group has decided to pause production of its bikes in January and February 2025 and it has already laid off hundreds of staff members. KTM was reportedly seeking at least 100 million […] The post KTM to enter self-administration and company restructure appeared first on Motorsport Week.
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