However, KTM's parent company, Pierer Mobility, will likely continue to own subsidiary brands GasGas and Husqvarna.
At the same time, Mercedes-AMG GmbH will acquire a 25% interest in MV Agusta Motor S.p.A. No details have been disclosed of the price to be paid for the stake in MV Agusta Motor. Mercedes-AMG will ...
Pierer Mobility AG’s press release states that “This means that KTM AG will take over the majority and also the industrial management of MV Agusta Motor S.p.A. In the medium term, an annual ...
Facing financial challenges and €1.8 billion in debt, KTM plans to exit MotoGP by 2026 as part of a cost-saving restructuring ...