What will happen to KTM, Husqvarna and Gas Gas customers in 2025!

KTM, led by its parent company Pierer Mobility, recently announced the start of a self-administration period scheduled to begin on 29 November 2024. This announcement comes at a time of significant financial difficulties for KTM, with unsecured debts amounting to 2.3 billion euros, an amount below the value of the company's assets. Despite these challenges, KTM has assured its customers that it will continue to provide motorcycles, parts and accessories without interruption while maintaining the level of customer service.

During the 90-day restructuring period, KTM intends to manage its assets independently and under supervision, aiming at long-term stabilization of the group. Stefan Pierer, CEO of KTM, expressed a strong personal commitment to the company, describing it as "the work of my life" and confirmed his commitment to continue producing new models such as the Enduro R 125 and 390 and the Adventure 390, Expected for the first quarter of 2025.

Despite the turbulence, no significant changes have been announced for other brands under the KTM AG's hat, such as Husqvarna and GASGAS, suggesting that operations for these brands will continue normally. This stability is essential for dealers and owners of these brands, ensuring continuity of support and availability of spare parts. Furthermore, KTM stresses that sports competitions and racing will remain a key component of their strategy, despite the recent disappearance of Husqvarna's Factory Racing teams and GASGAS in high-level competitions.

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KTM financial stability, motorcycle production, customer assurance, restructuring plan, Pierer Mobility

KTM customer assurance during restructuring, Pierer Mobility financial stability, KTM motorcycle production continuity, KTM AG self-administration process, impact of financial struggles on KTM customers, KTM new models production commitment, KTM Group long-term viability strategy, customer support in motorcycle industry, KTM restructuring plan details, maintaining service levels during financial crisis





Video created on 30/11/2024 10:45:17
Video updated on 01/12/2024 22:40:01