Ayala Corporation Partners With KTM - Industry News
758 views · Published 29 April 2016 · 1:27 · Indexed 24 October 2026
Channel: Auto Focus · 2016 · Autos & Vehicles
Ayala Corporation has recently announced a joint venture with KTM AG, a leading global motorcycle manufacturer, to both serve as the exclusive local distributor of KTM products and to manufacture motorcycles for the Philippines and for export to China and Southeast Asian countries. The Austria-based KTM Group builds and markets a wide range of award-winning off-road and street motorcycles. The KTM Chief Executive Officer Stefan Pierer is delighted to have found a strong and capable Asian partner in the Ayala group, one of the leading conglomerates in the Philippines. Ayala’s capabilities in manufacturing, distributorship and dealership, as well as its regional expertise and excellent reputation, make them the ideal strategic partner for KTM’s READY TO RACE aspirations. For Ayala Corporation President and COO Fernando Zobel de Ayala, he said that they are very excited to introduce KTM and its lineup of outstanding performance motorcycles to the Philippines because for decades, KTM has been at the forefront of motorcycle engineering and technology, building vehicles that are “Ready to Race.”
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