Since the insolvency became known at the end of November 2024, many suppliers have stopped deliveries.\u00a0 Despite a promised repayment of 30 percent of the liabilities, KTM has not yet been able to regain the trust of many partners.\u00a0 Only stocks were sufficient to maintain production for around 4,200 motorcycles between March and April 2025.\u00a0 Now crucial components are missing to continue the production process.<\/p>\n
\u00a0<\/p>\n
In order to avoid redundancies, KTM<\/a> has reached a company agreement: From May 1 to July 31, 2025, around 3,000 employees will work short-time.\u00a0 The working week will be reduced to 30 hours and salaries will be adjusted accordingly by around 20 percent.\u00a0 While salaried employees will work a four-day model, skilled workers will stay at home but continue to receive the reduced salary.<\/p>\n \u00a0<\/p>\n The future of KTM depends on the fulfillment of the restructuring plan, which provides for a payment of around 600 million euros (\u20ac600 million \u2248 $640 million) by May 23, 2025.\u00a0 Without this sum, the Group is at risk of being broken up.\u00a0 Originally, a capital increase of 350 million euros (\u20ac 350 million \u2248 $373 million) was to be resolved.\u00a0 A combination of a cash capital increase and a non-cash capital increase with an issue price of \u20ac7.50 ($8) per share was planned.<\/p>\n \u00a0<\/p>\n Shortly before the Extraordinary General Meeting on April 25, 2025, Pierer Mobility AG unexpectedly had to announce that the planned measures could not be implemented as planned.\u00a0 Talks with investors are proving more difficult than hoped, so the agenda items on the capital increase were canceled.\u00a0 Instead, Pierer Mobility AG is now working together with the main shareholder Pierer Bajaj<\/a> AG on alternative solutions.<\/p>\n \u00a0<\/p>\n The tense situation is also having an impact on financial reporting: The publication of the 2024 annual financial report has been postponed to the end of May 2025.\u00a0 This is due to the going concern assumption – i.e. the assumption that the company will be able to continue as a going concern for the foreseeable future.\u00a0 Without binding financing commitments, accounting would only be possible at break-up values.<\/p>\n \u00a0<\/p>\n Despite all the difficulties, KTM is cautiously optimistic.\u00a0 If the financing gap can be closed and the missing components arrive, production on all four production lines should restart in one-shift operation from the end of July 2025.\u00a0 This would allow the company to try to regain lost ground and secure its continued existence.<\/p>\n \u00a0<\/p>\n The situation at KTM remains tense.\u00a0 The renewed production stop, the difficult search for investors and the delay in the annual financial statements show that the road out of the crisis will be longer and more difficult: The road out of the crisis will be longer and rockier than initially hoped.\u00a0 Whether the traditional motorcycle manufacturer can successfully complete its restructuring will be decided in the coming weeks.<\/p>\n [amazon bestseller=”KTM” items=”3″]<\/p>\n","protected":false},"excerpt":{"rendered":" The bad news continues at KTM: Just six weeks after the restart of production, the plant in Mattighofen is once again at a standstill.\u00a0 CEO Gottfried Neumeister announced in a video message that production will be paused from April 28, 2025 and is not expected to resume until July 27, 2025.\u00a0 The main reason for this is the lack of components as a result of the insolvency at the end of 2024.<\/p>\n","protected":false},"author":4,"featured_media":154125,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"iawp_total_views":7,"footnotes":""},"categories":[711],"tags":[724,714],"class_list":["post-154122","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news-en","tag-ktm-en-2","tag-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.motorcycles.news\/en\/wp-json\/wp\/v2\/posts\/154122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.motorcycles.news\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.motorcycles.news\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.motorcycles.news\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.motorcycles.news\/en\/wp-json\/wp\/v2\/comments?post=154122"}],"version-history":[{"count":0,"href":"https:\/\/www.motorcycles.news\/en\/wp-json\/wp\/v2\/posts\/154122\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.motorcycles.news\/en\/wp-json\/wp\/v2\/media\/154125"}],"wp:attachment":[{"href":"https:\/\/www.motorcycles.news\/en\/wp-json\/wp\/v2\/media?parent=154122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.motorcycles.news\/en\/wp-json\/wp\/v2\/categories?post=154122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.motorcycles.news\/en\/wp-json\/wp\/v2\/tags?post=154122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Funding gap of 600 million euros<\/h3>\n
Failed capital increase<\/h3>\n
Publication of the annual financial statements postponed<\/h3>\n
Hope for a new start in August<\/h3>\n
Conclusion<\/h3>\n