Husqvarna sold to Stefan Pierer
What is Husqvarna? It is not a car brand but a motorcycle brand that being popular especially for those love the cross country motorcycle. The brand owned by BMW reported that being sold to KTM CEO, Stefan Pierer. BMW sold this off road motorcycle in order to focus on the urban and e-mobility segment.
The history of this brand bought by BMW in 2007 from the centuries old Sweedish company. Just six years, they sold the brand. The sale has been confirmed and it is likely that Pierer will steps down from his position at KTM.
Source :- AutoBlog
Nowaday, this type of motorcycle has been popular in my country. KTM has become popular and maybe Pierer want to make Husqvarna not only for off road machines but also to compete with other similar motorcycle segment.
Look at the website :-