PIERER Mobility AG has announced that KTM is to end the short-term working implemented for all 3,800 employees and restart production on Monday, May 11.
Citing what it describes as "positive signals from reopened markets", Europe's largest motorcycle manufacturer quoted Italian supply chain interruptions as among the reasons for its decision to suspend production in March.
"Due to the resumption of production by Italian supplier companies in the last week, motorcycle production now restarts on Monday May 11, 2020 in several steps, until full operation on May 18, 2020.
"The sales figures from Scandinavia and regions such as Austria, Germany and China, where the dealers have already opened, give a positive outlook." In addition, due to the COVID 19-related measures, KTM anticipates that the two-wheeler will become increasingly important for private transport.
"Short-time work for the approximately 3,800 employees at all Austrian locations thus ends at the end of May," said Stefan Pierer, CEO of PIERER Mobility AG. He went on to thank his employees by saying: "Thank you for your perseverance. Together we will withstand this crisis and emerge strengthened from it!"
