KTM sells its car division to Belgian Verlinvest
The car division of Austrian motorcycle manufacturer KTM, producing these very special X-Bow vehicles, has been sold to Belgian investor Verlinvest of the well-known De Mevius family /KTM
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 barche
