KTM rescued by Indian motorcycle giant with a $900-million lifeline

KTM was on the verge on bankruptcy in recent months, but Bajaj's takeover has given it a new lease on life

Bajaj Car, the globe’s 3rd biggest motorbike supplier, has actually gone from a companion of KTM to taking control of the Austrian brand name entirely. That’s many thanks to a EUR800-million (US$ 905-million) fired in the arm from the Indian two-wheeler titan that will certainly allow KTM to bring its manufacturing centers barking back to life.

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Group: Motorcycles, Transport

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发布者:Abhimanyu Ghoshal,转转请注明出处:https://robotalks.cn/ktm-rescued-by-indian-motorcycle-giant-with-a-900-million-lifeline/

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