KTM Is Doing So Badly, It's Probably Going to Be Sold
KTM Is Doing So Badly, It's Probably Going to Be Sold
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cross-posted from: https://fedia.io/m/micromobility@lemmy.world/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.