Motorcycle manufacturer

What is currently slowing KTM down and making jobs shaky

Nachrichten
23.04.2024 11:20

The reduction of up to 300 employees in Mattighofen and Munderfing was planned for this year. Now it could be significantly more who have to leave the Innviertel-based motorcycle manufacturer KTM. What are the reasons for this and when will there be clarity? We asked Pierer Mobility board member Viktor Sigl.

First there was talk of up to 300 employees having to leave Mattighofen and Munderfing this year due to relocations to sites in India and China; then owner Stefan Pierer recently spoke of up to 500 employees being affected ...

Cost reduction program will be "intensively continued"
Although Pierer Mobility AG (KTM, Husqvarna, GasGas, MV Agusta) achieved a profit before interest and taxes of 160 million euros on sales of 2.66 billion euros in the previous year, the management of the motorcycle and e-bike manufacturer has put together a cost reduction program that will be "intensively continued" this year, as was recently announced.

The stuttering demand in the USA is giving KTM a hard time, reveals Viktor Sigl. (Bild: Daniel Scharinger, Markus Wenzel, Krone KREATIV)
The stuttering demand in the USA is giving KTM a hard time, reveals Viktor Sigl.

But how much will the cost-cutting pencil be applied to personnel? CEO Viktor Sigl explains that "only" a reduction of 300 employees in production and development is currently fixed.

Clarity in the summer
"We will see how the market develops by the end of the first half of the year," says the manager. It will then be clear whether the brakes will have to be put on again in motorcycle assembly and related areas, as a further 100 to 150 employees could be affected.

In the USA, motorcycles are bought on credit or with leasing
Incidentally, what is causing KTM so much trouble is above all the stuttering demand in the USA: "Here, most motorcycles are bought on credit or leased. The high interest rates are now having an impact."

Loading...
00:00 / 00:00
play_arrow
close
expand_more
Loading...
replay_10
skip_previous
play_arrow
skip_next
forward_10
00:00
00:00
1.0x Geschwindigkeit
explore
Neue "Stories" entdecken
Beta
Loading
Kommentare
Eingeloggt als 
Nicht der richtige User? Logout

Willkommen in unserer Community! Eingehende Beiträge werden geprüft und anschließend veröffentlicht. Bitte achten Sie auf Einhaltung unserer Netiquette und AGB. Für ausführliche Diskussionen steht Ihnen ebenso das krone.at-Forum zur Verfügung. Hier können Sie das Community-Team via unserer Melde- und Abhilfestelle kontaktieren.

User-Beiträge geben nicht notwendigerweise die Meinung des Betreibers/der Redaktion bzw. von Krone Multimedia (KMM) wieder. In diesem Sinne distanziert sich die Redaktion/der Betreiber von den Inhalten in diesem Diskussionsforum. KMM behält sich insbesondere vor, gegen geltendes Recht verstoßende, den guten Sitten oder der Netiquette widersprechende bzw. dem Ansehen von KMM zuwiderlaufende Beiträge zu löschen, diesbezüglichen Schadenersatz gegenüber dem betreffenden User geltend zu machen, die Nutzer-Daten zu Zwecken der Rechtsverfolgung zu verwenden und strafrechtlich relevante Beiträge zur Anzeige zu bringen (siehe auch AGB). Hier können Sie das Community-Team via unserer Melde- und Abhilfestelle kontaktieren.

Kostenlose Spiele