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Bajaj-Teaser Causes a Stir: Will KTM's Future be Manufactured in India?
The relaunch of the long-established motorcycle manufacturer KTM after overcoming insolvency is being overshadowed by new uncertainties. Statements made by Rajiv Bajaj, CEO of Indian major shareholder Bajaj Auto, have sparked a heated debate about the future of the production site in Mattighofen.
KTM AG, based in Mattighofen in the Innviertel region, is facing major financial difficulties. / Picture: © Wikimedia Commons; KTM AG, CC BY-SA 4.0 DEED (https://creativecommons.org/licenses/by-sa/4.0/deed.en)
The discussion centers on provocative statements made by Bajaj on Indian television, as reported by ORF. “European production is dead” was one of the most pointed statements. As an example of a successful relocation, he cited British motorcycle manufacturer Triumph, which has moved its production to Thailand and…
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