Pierer Mobility AG announced a “pit stop” for KTM AG, filing for insolvency by self-administration proceedings over th

Being completely fair, though, think about what you'd do (or have done in the past) if a sudden expense comes up that's cutting it awfully close, and may even be beyond what you know you currently have sitting in your account.

Pierer Mobility AG, the owner of several motorcycle and scooter/e-bike brands, announced last week that its subsidiary KTM is undergoing a self-administered restructuring to shed debt without involving bankruptcy courts.