Browsing: Bajaj

KTM looks back on a difficult financial year in 2025. Preliminary figures show a significant decline in sales and a massive drop in revenue despite comprehensive cost-cutting measures and structural changes.

A new chapter is beginning at KTM. Following insolvency and complete takeover by the Indian Bajaj Group, the corporate structure is being reorganized, while around 500 jobs are being cut in Austria.

The Indian Bajaj Group is sticking to its chosen course and has extended Gottfried Neumeister’s contract ahead of schedule until the end of 2028. The decision is intended to ensure stability at KTM and the future Bajaj Mobility AG.

The complete takeover of KTM’s parent company by Bajaj marks a profound turning point in the company’s history. With the new name Bajaj Mobility AG and a comprehensively adapted corporate structure, a phase of upheaval is beginning, the effects of which could be far-reaching for Austria’s largest motorcycle manufacturer.

Pierer Mobility AG, previously the parent company of KTM, Husqvarna, and GASGAS, is facing a fundamental change. An extraordinary general meeting is scheduled for November 19, 2025, at which the renaming of the company to “Bajaj Mobility AG” is to be decided. However, this change will only take effect if the planned takeover by Bajaj is not prohibited under the provisions of EU Regulation 2022/2560.

After months of uncertainty, the takeover of KTM AG by Indian motorcycle manufacturer Bajaj Auto has been officially sealed. By becoming the majority shareholder, Bajaj is not only bringing in fresh capital, but also initiating a far-reaching restructuring of the long-established Austrian manufacturer. The goal: to increase efficiency, reduce costs, and significantly streamline the group’s structures—with far-reaching consequences for employees, corporate philosophy, and production sites.

Following the financial rescue and successful relaunch of Austrian motorcycle manufacturer KTM, uncertainty is now rearing its head once again. Statements by Rajiv Bajaj, CEO of Indian co-owner Bajaj Auto, are causing concern and raising questions about the future of production in Mattighofen and Munderfing. His publicly expressed assessment that “European production is dead” is causing concern, particularly in Upper Austria – even though KTM currently emphasizes that there are no concrete plans to relocate.

Pierer Mobility AG, the parent company of KTM, Husqvarna and GasGas, is about to make significant changes to its Supervisory Board.  Three long-standing members – including Chairman Stephan Zöchling and his deputy Rajiv Bajaj – are stepping down as part of a strategic realignment.  Friedrich Roithner, most recently also a member of the Supervisory Board, will also be stepping down.  The changes will take effect at the end of the next Annual General Meeting on June 23, 2025.

The traditional Austrian motorcycle manufacturer KTM is facing a historic turning point: the Indian industrial group Bajaj is taking full control of the company, bringing an era to an end.  The withdrawal of Stefan Pierer, the long-time string-puller behind KTM, marks the end of a decades-long era in Austrian industrial history.  In the course of the insolvency proceedings, Bajaj takes over all debts and liabilities of KTM AG – and thus also the operational control.

The future of Austrian motorcycle manufacturer KTM seems secure for the time being – thanks to a massive financial commitment by Indian co-owner Bajaj.  Just a few days before the legally stipulated deadline for satisfying creditors expires, there has been some movement in the restructuring process.  The Indians have secured a loan of 566 million euros (approx. 614 million US dollars) via three international banks – an amount that should be sufficient to almost completely satisfy the creditors’ share required in the restructuring plan.

Bereits 2014 stellte Bajaj, Indiens größter Motorradhersteller, die Pulsar RS400 vor. Danach wurde es still darum. Jetzt kündigten sie an, dass der kleine Sportler bereits im August debütiert.