KTM Bankrupt, Billions In Debt, This Changes Everything

News is coming in thick and fast about KTM and the future of the Pierer Mobility Group. I got the shock announcement about them going into administration just as I was publishing the last video so couldn't include all the details and as before there has been more revelations since.
We got a bizarre joint statements from chief executive Stefan Pierer and CEO Gottfried Neumeister via youtube addressing their company’s workforce of more 5000 employees.
They announced that the business was to enter administration and this is all the latest on the whole sad saga including news on Gas Gas and Husky.

Full article here

Previous article here
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