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In a landmark move for the global motorcycle industry, India’s Bajaj Auto has announced plans to take control of KTM. The strategic takeover follows KTM’s long-standing financial struggles, with Bajaj injecting a crucial €600 million that the Austrian manufacturer desperately needed in order to meet a court-mandated requirement to pay down its debt to creditors. […] The post Bajaj Takes Majority Control Of KTM, Saves Brand From the Brink appeared first on ADV Pulse. https://www.advpulse.com/adv-news/bajaj-takes-majority-control-of-ktm-saves-brand-from-the-brink/