Bajaj Auto International takes over insolvent motorcycle manufacturer KTM

Motorcycle Rescue Indian Small Vehicle Player Takes Over KTM

2025-05-28 Source: dpa | Translated by AI 1 min Reading Time

Indian Bajaj Auto International Holdings B.V. is reportedly taking a majority stake in the insolvent Austrian motorcycle manufacturer KTM.

The story of the motorcycle manufacturer KTM seems to be able to continue. Because the Indian company Bajaj rushed to the rescue...(Image: KTM) — The story of the motorcycle manufacturer KTM seems to be able to continue. Because the Indian company Bajaj rushed to the rescue...
(Image: KTM)

KTM, the former largest European motorcycle manufacturer, slid into insolvency in November due to a sharp decline in demand and excessive inventories. The debts are said to amount to around two billion euros. Now Baja comes into play to the rescue! In exchange for taking over KTM, Bajaj is now providing approximately 600 million euros (approx. 679 million USD) to prevent the liquidation of the insolvent company.

KTM's Main Owner Leaves, Locations Remain

This information was shared by KTM's parent company Pierer Mobility. Bajaj, a manufacturer of motorcycles and auto rickshaws, was already involved in KTM. However, by pledging further company shares, Bajaj is now taking over the majority, as Pierer Mobility announced. Production in Mattinghofen (Austria) has since been scaled down. The current production sites, including the main plant in Mattinghofen, are to remain in place. As part of the takeover of KTM by Bajaj, Stefan Pierer, the previously dominant owner, will step down as CEO of Pierer Mobility AG.

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