KTM To Sell Majority Stake In MV Agusta, MotoGP Withdrawal Planned

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The saga of KTM and its parent company Pierer Mobility Group’s financial troubles continues, with official filings by Austria’s judiciary confirming that the once seemingly unstoppable Orange brand has put its 50.1 percent controlling stake in MV Agusta up for sale. Separately, AKV Europa, the organization representing KTM’s creditors, has released a summary from its […]

The post KTM To Sell Majority Stake In MV Agusta, MotoGP Withdrawal Planned appeared first on ADV Pulse.

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