Billions of dollars in debt, thousands of creditors and suppliers who are worried, employees who are worried about their jobs or have already lost them: the bankruptcy of motorcycle manufacturer KTM leaves no one indifferent and many people shake their heads. What has happened so far, what will happen next and who the hope now rests on – you can read here.
In racing there are ups and downs, daring and disappointment, and victory and defeat. As we move into 2025 and the future, there are more jumps, ruts and bumps ahead. We won’t stop pumping the gas, though – KTM shared this message on its homepage the day before the bankruptcy judge gave all three of the motorcycle manufacturer’s companies that had gone bankrupt the green light to continue and Pierer Mobility and KTM co-boss Gottfried Neumeister summed the first fateful day together as “a first phase in a 90-day restructuring process.”
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.
