Production stop, job losses, bankruptcy filing – thousands of KTM employees in Mattighofen fear for their survival. The economic problems of Europe’s largest motorcycle manufacturer also place the blame on the racing division (which won thirteen world titles this year). KTM Motorsport director Pit Beirer in an interview.
“Kron”: Given the current circumstances, will there be additional cuts in the motorsport department next year?
Pit Beirer: Motorsport is also called upon to plan how we as a company prepare for the future. There is already a clear announcement from the board to focus on the core KTM brand. This makes it clear that there are some costs that can be quickly saved.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
