KTM is facing serious financial problems, with 265,000 unsold motorcycles accumulating in inventories around the world. This number was revealed during the company’s bankruptcy hearings, where the future of its restructuring plan was discussed.
Read Morebankruptcy
Recaro Rescued from Bankruptcy and Preparing for Relaunch in Europe in 2025
Recaro Automotive, the world’s oldest seat manufacturer, has been rescued from bankruptcy by the Proma Group, an Italian automotive parts supplier.
Read More
Fisker declares bankruptcy after halting vehicle production and facing financial crisis
Electric vehicle manufacturer Fisker has filed for bankruptcy due to severe financial difficulties.
Read More