KTM Moves Production to China from Austria

Pierer Mobility Group, owner of KTM, Husqvarna, and GasGas, has decided to cut 300 jobs from its Austrian assembly lines and move additional production and some R&D jobs to China. (KTM/) After acquiring the original Austrian KTM brand, the Pierer Mobility Group has grown to be the No. 1 European powered two-wheel manufacturer with 190,293 bikes sold in the first…