Porsche will sell its 45% stake in Bugatti Rimac and 20.6% stake in Rimac Group to a consortium led by U.S.-based HOF Capital, with Abu Dhabi’s BlueFive Capital as the largest investor. The move ...

Mate Rimac, the Croatian entrepreneur behind Rimac Automobili and CEO of the Bugatti Rimac joint venture, has confirmed that he is in active talks to buy out Porsche’s stake in the program. Mate Rimac ...

Porsche’s recent decision to step away from its stakes in Bugatti and Rimac marks a significant shift in its financial strategy. This move has raised eyebrows in the automotive community, prompting ...

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 ...

LONDON--(BUSINESS WIRE)--Porsche hat zugestimmt, seine Beteiligung an Bugatti Rimac zu verkaufen. Porsche und die Rimac Group gründeten im Jahr 2021 das Joint Venture Bugatti Rimac, das als Heimat der ...

In the world of high-end automotive alliances, ownership often seems as fluid as the promises that come with them. The complex business tie-up between Porsche, Rimac, and Bugatti could soon get a new ...

A report says Porsche could sell its stakes in Bugatti and Rimac Group to private equity firms for more than $1.2 billion. Porsche has been facing a profitability crunch. EV growth has been slower ...

Several automakers are facing an uncertain future, squeezed between weak consumer demand for electric vehicles and relentless government pressure to transition toward battery-powered transportation.

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.

Rimac CEO Mate Rimac confirms he’s in talks to buy Porsche’s share of Bugatti Rimac, a move that would give him full control of both Bugatti and Rimac’s next chapter. Mate Rimac is negotiating to buy ...

A man whose name became synonymous with ruthless engineering requirements, Ferdinand Piech wouldn't like to hear that Porsche will divest its ownership stakes in the hypercar brand that Piech saved ...