KTM Financial CRISIS Just Got WORSE! (Somehow)

Source: KTM Financial CRISIS Just Got WORSE! (Somehow) (clicks: 1) by Spite’s Corner.
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UPDATE: As of 2:10 CST today (1/23/25) Pierer Mobility Group, KTM’s parent company, made a few announcements. 1. They have enough funding to pay at least 30% off their debt. 2. Stefan Pierer is no longer the CEO 3. Preliminary numbers for 2024 look pretty dismal compared to 23. A video will be coming to cover everything in more detail next week.

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Somehow despite all the bad news coming out last year, KTM managed to start 2025 off even worse. Are the wheels coming off this Austrian wagon? Is their financial situation as fragile as a souffle? Can they survive their raging dumpster fire of a fiscal year? I dunno, but I’m gonna talk about it.

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00:00 – Intro
01:58 – Background
04:32 – Unsold Bikes
09:56 – Another Secret Meeting
10:51 – No More Racing?
14:00 – What’s Next?