Well I looks like it's even more complicated then that! Looking up Wikipedia; yes Austrian not German, I thought KTM was German got that wrong; so Austrian Stefan Peirer took control of KTM in 92 and after Gas Gas got into difficulty in 2015, KTM bought a controlling stake but then:All right, Ras, I've looked into GasGas more thoroughly.
They have good e-bikes such as ECC6, which is a Brose based Enduro e-MTB with more than decent specs. The Moto 1 is something weird as for them.
Canadian site (no idea why Google wanted me see the Canuck page):
GASGAS E-Bikes
Dialed for the thrill of speed and fun. Discover the GASGAS Enduro, All Mountain, Trail, Hardtail, Trekking and Urban Cruiser Bikes.www.gasgas.com
The owner is in Austria, and it is not KTM anymore.
In 2023 Pierer Mobility's financial situation became increasingly unsustainable and by 2024 they had a heavy debt to pay off.[34] In 2024 KTM went into self imposed administration.[35] Pierer Mobility was compelled to sell their stake in MV Agusta back to the previous owners the Sardarov family.[36]
In the early 2025 Stefan Pierer started exiting from executives roles in KTM and its affiliates, making way for new investors.[37]
Motorcycles: Bajaj Auto Era [2025 onwards]
In 2025, Bajaj Auto, who were until now holding 49% stake in Pierer Mobility had offerred to take full control of KTM and its sister concerns by an 800 million Euro debt package. The deal was concluded in November 2025. Pierer Mobility is due to be rennamed as Bajaj Mobility which will hold 74.94% shares in KTM; rest of which lies in public hands.
So both KTM and Gas Gas now owned by Bajaj Auto a huge Indian auto manufacturing company. Typical corporate 'take over on takeovers on takeovers' deal.
Hard to keep up! The inter web is such a time waster...
