KTM restructuring continues
Bajaj Mobility AG, previously referred to as Pierer Mobility AG, has reported an estimated 2025 income of simply over €1 billion because the group continues a wide-ranging restructuring of its motorbike enterprise, together with KTM, Husqvarna and GASGAS, following the insolvency of KTM AG on the finish of 2024.
The 2025 determine represents a year-on-year decline of roughly 46 per cent. Bike gross sales for the 2025 monetary 12 months totalled 209,704 items, down 28 per cent in comparison with the earlier 12 months, though the corporate reported a optimistic development within the second half of the 12 months.
Based on the group, 80,464 bikes had been offered immediately by Bajaj Mobility within the second half of 2025, a 60 per cent improve in comparison with the primary half of the 12 months as manufacturing as soon as once more started to ramp up. An extra 43,956 bikes had been offered throughout the identical interval via strategic companion Bajaj Auto, additionally contributing to the improved second-half efficiency.
A central ingredient of the restructuring has been a considerable discount in stock. Bike inventory ranges had been diminished by greater than 100,000 items throughout 2025, falling from 248,580 items on the finish of 2024 to 147,427 items by December 31, 2025. The corporate described this discount as a key milestone in stabilising KTM’s operations.
For the Australian market, Bajaj Mobility’s restructuring has direct relevance for KTM, Husqvarna Bikes and GASGAS, all of which function inside tightly forecasted supplier networks.
As a part of its strategic realignment, Bajaj Mobility has exited its bicycle enterprise. Gross sales of e-bicycles and bicycles in 2025 totalled 64,110 items, down from 106,311 items within the earlier 12 months, because the division was wound down.
The restructuring has additionally resulted in a big discount in employees numbers. Following the completion of restructuring measures in 2025, KTM AG has begun a world rightsizing program aimed toward decreasing mounted prices, streamlining administration constructions, narrowing the product and undertaking portfolio, and optimising its worldwide footprint. Round 500 positions, primarily in white-collar and center administration roles, have been minimize throughout the group.
Worker numbers fell from 5,310 on the finish of 2024 to three,794 by December 31, 2025.
“This discount in positions is a tough however vital resolution to decrease our prices, slim down constructions, and thereby place the corporate on a steady footing for the long run,” mentioned CEO Gottfried Neumeister. “We’re decreasing complexity throughout all areas—for instance, in our mannequin vary, in IT, and in addition within the organisation of our departments, significantly by eradicating one administration layer.”
Bajaj Mobility mentioned the measures are supposed to enhance long-term competitiveness and operational effectivity throughout its motorbike manufacturers. Preliminary full-year monetary outcomes for the 2025 fiscal 12 months are scheduled to be printed on January 29, 2026.
Bajaj Mobility AG is the holding firm of the KTM Group, which incorporates the KTM, Husqvarna, and GASGAS motorbike manufacturers, in addition to WP suspension and electric-vehicle operations.
In 2025, the corporate had already divested its bicycle enterprise with the sale of FELT Bicycles. The termination of the distribution of CFMOTO and the sale of MV Agusta and X-Bow marked additional milestones within the realignment.
In 2025, KTM achieved file successes in motorsport with 29 championship titles.
Identify change accomplished
On Tuesday, January 13, 2026, the change of the corporate identify to Bajaj Mobility AG (previously PIERER Mobility AG) and the relocation of the registered workplace, as resolved on the extraordinary basic assembly on November 19, 2025, have been entered within the industrial register. The corporate’s headquarters are situated in Mattighofen.
Stephan Reiff joins from BMW
The Supervisory Board has determined to increase the corporate’s Government Board by introducing the place of Chief Business Officer (CCO) as of 01 April 2026. Stephan Reiff will assume this position.
In his new position, Stephan Reiff will probably be chargeable for Gross sales, Advertising and marketing, Model Technique, Vendor Community and Aftersales. With greater than 25 years of worldwide expertise within the industrial and automotive sectors, Stephan Reiff involves Bajaj from a task he held since 2022 as Vice President Buyer, Model & Gross sales at BMW Motorrad, overseeing worldwide gross sales, advertising and marketing, and aftersales. Previous to this, Reiff held a number of key positions inside the BMW Group, together with Vice President Product Technique and Vice President Components Logistic Providers with world duty for the logistics community. He started his profession as a Logistics Engineer at Honeywell, adopted by consulting tasks at A.T. Kearney. Reiff holds a level in Industrial Engineering from RPTU Kaiserslautern and brings in depth expertise in creating electrified product portfolios, constructing world groups, and managing worldwide supplier networks.
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