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Bajaj Auto completes majority acquisition of KTM after regulatory nodBajaj Auto has finalized its acquisition of a majority stake in Austrian motorcycle maker KTM AG. The Indian automaker secured final approv...- Hamara KTM: Bajaj Auto to take control of Austrian companyRajiv Bajaj-led Bajaj Auto will control Austrian motorcycle maker KTM. The deal is valued at ₹7,800 crore. Bajaj Auto will transition from ...
- Bajaj Auto to acquire controlling stake in KTM in €800 million dealBajaj Auto is set to acquire a controlling stake in KTM for €800 million, transitioning from a minority investor to the majority stakeholde...
- Bajaj Auto shares up 1% as Rs 5,427 crore loan aids KTM bailout ahead of key deadlineBajaj Auto shares:Bajaj Auto International Holdings BV, a fully owned subsidiary of Bajaj Auto, has entered into loan agreements totaling €...
- KTM co-owner Bajaj Auto signs €566m loan before funding deadlineBajaj Auto Ltd. has secured a €566 million loan to fund KTM AG's insolvency plan, as the motorcycle maker faced a May 23rd deadline to depo...
- Bajaj-backed KTM's creditors take 70% cut in debt recastCreditors of Austrian motorbike maker KTM AG have approved a restructuring plan that will write off 70% of the company's debt. The plan req...
- KTM boss says scope of electric mobility 'highly overrated'"The whole scope and capability of the concept of electric vehicle mobility is highly overrated. It's the result of mixing the laws of phys...
- KTM to sell electric version of Chetak in Europe from Q1 of 2024The E-Chetak especially the second generation, is a great commuter product for a market like Europe. If everything goes as planned we shoul...
- Freight-cost pain intensifies as pandemic rocks ocean shippingIndia was also caught up in the freight-rate issue, but its export lobby group said that the container shortage has eased to some extent on...
- Fierce race starts in India’s premium motorcycle segment, Royal Enfield's sway set to face tough testThe premium motorcycle market in India (classified as 200cc plus) sees annual sales of 800,000 and its undisputed king has for long been Ro...
- KTM inks pact with with Spain's GasGasEarlier, Stefan Pierer, the chief executive of KTM, had also expressed interest in buying the Italian motorcycle brand Ducati, which is cur...
- KTM aims to double India outputThe Austrian sports bike maker, which acquired Husqvarna brand a couple of years ago, expects the Swedish brand to grow big in India much l...
- Bajaj Auto announces partnership with Triumph MotorcyclesTriumph Motorcycles pulled out of its planned investment of Rs 850 crore in Karnataka for a manufacturing facility about a year ago.
- Bajaj Auto, KTM in race to acquire bike-maker DucatiKTM, in which Bajaj Auto has about 48% equity stake is said to be closing in on the Ducati brand, which is on the selling block.
- Alliance with Bajaj Auto was key for us, says Stefan Pierer, CEO, KTMToday we have a market share of 30% in the specific motorcycle segment and I think we can definitely improve our market share with our RC b...
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