Bajaj Mobility AG

About Bajaj Mobility AG

Bajaj Mobility AG (until 2026 Pierer Mobility AG) is the publicly listed holding company of the KTM Group, headquartered in Mattighofen, Austria. The group company KTM AG is one of the leading European manufacturers of powered two-wheelers and brings together the brands KTM, Husqvarna Motorcycles, GASGAS and MV Agusta under one roof; the portfolio also includes high-performance components of the WP brand as well as electrically powered two-wheelers through PIERER New Mobility (FELT, GASGAS, Husqvarna E-Bicycles). The product range comprises combustion-engine motorcycles, electrically powered vehicles as well as design, concept development and digitalization. The production sites in Austria are located in Mattighofen (headquarters), Munderfing (among others engine plant), Thalheim and Schalchen. In the 2025 financial year, the Group generated revenue of €1,009 million with 209,704 motorcycles sold and 3,782 employees, of which around 3,080 in Austria. Strategic partners are the Bajaj Group (India) and CFMOTO (China).

Site

Mattighofen

Processes

Motorcycle production (premium segment), High-performance components (WP brand), Design, concept development and digitalization, E-mobility / e-bicycles, Research & Development

Founded

1934

Employees

3.782

Industries

Automotive, Motorcycles / Two-wheelers, Sport, Leisure, E-mobility

Sites

Mattighofen

AT

Headquarters

Munderfing

AT

Site (among others engine plant, Annual General Meeting)

Thalheim

AT

Site

Schalchen

AT

Site

Products & Components

History

1. 1934

   Hans Trunkenpolz founds a tinsmith's shop and auto repair workshop in Mattighofen

2. 1953

   Start of industrial motorcycle production; company name Kronreif–Trunkenpolz–Mattighofen (KTM)

3. 1954

   First production record: the first 1,000 motorcycles

4. 1991

   KTM Motor-Fahrzeugbau KG passes into the ownership of the creditor banks

5. 1992

   Refounding as KTM-Sportmotorcycles GmbH

6. 1994

   Conversion into an AG (stock corporation); first road motorcycle 620 Duke

7. 1995

   Acquisition of Husaberg and White Power Suspension

8. 1999

   New plant in Mattighofen opened

9. 2002

   New engine plant in Munderfing commissioned

10. 2004

    New administration building

11. 2007

    Bajaj Auto increases its stake to over 20 %

12. 2013

    Acquisition of Husqvarna Motorcycles GmbH

13. 2016

    Rename of Cross Industries AG to KTM Industries AG; listing on the SIX Swiss Exchange

14. 2019

    Rename to Pierer Mobility AG; acquisition of 60 % of GasGas

15. 2021

    Acquisition of Felt Bicycles

16. 2022

    Stake in MV Agusta of 25,1 %; listing in the prime market of the Vienna Stock Exchange

17. 2024

    MV Agusta stake increased to 50,1 %; restructuring proceedings opened over KTM AG

18. 2026

    Rename of Pierer Mobility AG to Bajaj Mobility AG