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A new chapter in the Bugatti story begins today. Twenty-eight years after bringing the storied luxury brand back from the dead, Volkswagen Group no longer counts Bugatti among its stable of brands.
After 28 years, Porsche is selling its entire shareholding, handing control to Rimac and new investors. Volkswagen ends 28-year control as Porsche sells all Bugatti and Rimac holdings. Bugatti's ...
Porsche is cashing out of one of the automotive world’s most fascinating collaborations. The German sports car maker has agreed to sell all of its holdings in Bugatti Rimac and Rimac Group, clearing ...
According to the lawsuit, the Miami-based Bugatti dealership is experiencing retaliatory actions from the brand after a simple request. Selling cars is a complicated and process-filled task; the ...
Bugatti's North American wing and Florida dealership Bugatti Miami are currently ensnared in a lawsuit alleging that the supercar manufacturer retaliated against the dealer by canceling its right to ...
LONDON--(BUSINESS WIRE)--Porsche has agreed to sell its equity stake in Bugatti Rimac. Porsche and Rimac Group established Bugatti Rimac as a joint venture in 2021 to serve as home to the iconic ...
Porsche has agreed to divest its ownership stakes in the Rimac Group and the Bugatti-Rimac joint venture formed in 2021, the German automaker announced. Porsche currently owns a 45 percent stake in ...
Brett T. Evans has more than a decade of experience driving, writing about, and evaluating automobiles. His early career comprised writing about pre- and post-war classic cars, as well as late-model ...
Porsche to sell Bugatti, Rimac stakes to US fund-led consortium German automaker under pressure to cut costs Consortium includes firm co-founded by Sawaris family scion DUBAI/FRANKFURT April 24 ...
Porsche AG has agreed to sell its stake in the venture that owns the Bugatti supercar brand to a consortium led by HOF Capital, the fund co-founded by a scion of Egypt’s billionaire Sawiris family.
Porsche announced early Friday that it had reached an agreement with a group led by New York-based venture capital firm HOF Capital, with the biggest investor being BlueFive Capital. The automaker has ...
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