The Latest Breaking News from Stefan Pierer

Creditors filed claims totalling around 2.2 billion euros against KTM AG and its two subsidiaries during the companies' insolvency proceedings in Austria on Friday.

Pierer Mobility AG has announced that Stefan Pierer has stepped down as the CEO of Austrian two-wheel manufacturer KTM.

There's a classic scene in the movie The Naked Gun that reminds me of KTM's current predicament, and accurately sums up my feelings toward the Austrian manufacturer. 

Times are tough for KTM's parent company Pierer Mobility AG. Though it has some of the best motorcycles around, one of which I still dream about and peruse the classifieds for on a weekly basis, the brand's market share has essentially dropped off a cliff in recent years. There are obvious…

KTM has denied speculation that Red Bull could step in and pull it out of its current financial troubles, while at the same time reiterating that it remains committed to competing in MotoGP.

The Tech3 team has been assured that KTM’s flagship MotoGP programme will remain ‘untouched’ despite the company facing a major financial crisis.

To say that things haven't been looking great over at KTM for a minute is a bit of an understatement.

KTM is flailing. Sales are hella down, the public's view of the company is in shambles after its trashfire statements over its camshaft issues and subsequent "OK, we didn't do them right" reversals, and the company's leadership just haven't a clue. Pierer, KTM's parent company, even just brought the hammer down…

Pierer Mobility AG, the parent company of KTM, GASGAS, MV Agusta and Husqvarna, has announced that not only will it do away with its 2024 revenue projections, but also a handful of executives.