KTM confirms production will remain in Austria amid financial progress

KTM appears to be gradually emerging from a period of turbulence. After almost two years of financial crisis, the Austrian manufacturer — now under Indian control — is showing encouraging signs of recovery and intends to maintain its industrial operations in Mattighofen (Austria), despite rumours of a possible relocation to India. Gottfried Neumeister, CEO of the group since Stefan Pierer’s…