KTM sells its car division to Belgian Verlinvest
August 22, 2025
The Austrian motorcycle and sports car manufacturer KTM is in dire straits. It has to reorganize and sell its car division to Verlinvest, the investing firm of the well-known Belgian family De Mevius. KTM is known as a motorcycle manufacturer, but twenty years ago, it launched the X-Bow, a barchetta-style open sports car designed to […]