Porsche walks away from Bugatti & Rimac with $1.16 billion
Porsche has officially ended its involvement with Bugatti and Rimac, closing a significant chapter in the Volkswagen Group’s high-performance car story. The German automaker completed the sale of its stakes…
Read More »Porsche sells its stake in Bugatti Rimac
Porsche is selling its equity stakes in Bugatti Rimac and Rimac Group to a consortium led by HOF Capital, a New York-based investment firm. The transaction agreement was signed on April…
Read More »Rimac teases hatch-like vehicle the company probably won’t sell
Rimac Group founder Mate Rimac took to social media on Thursday to post a video that seemingly teases a new model, specifically a hatchback-like vehicle. He included a statement with…
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