The automotive industry has grappled with mounting pressure to consolidate amid slowing growth, rising costs and intensifying ...

Several automakers are facing an uncertain future, squeezed between weak consumer demand for electric vehicles and relentless ...

DUBAI/FRANKFURT April 24 (Reuters) - Porsche will sell its stakes in sports car makers Bugatti and Rimac to a consortium led ...

After more than a quarter century of ownership, the Volkswagen Group is severing its last direct ties to Bugatti. Porsche, a ...

Porsche will sell its stakes in Bugatti Rimac and Rimac Group to a consortium led by HOF Capital, a New York-based investment ...

Porsche agreed to sell its stakes in the Bugatti-Rimac joint venture and the greater Rimac group to a consortium led by ...

A new chapter in the Bugatti story begins today. Twenty-eight years after bringing the storied luxury brand back from the ...

Porsche has found a buyer for its stake in Croatian Rimac Group and the joint venture Bugatti Rimac, known for its hypercars.

The deal sends Porsche’s 45 percent share of Bugatti Rimac and its 20.6 percent holding in Rimac Group to a consortium led by ...

For more than two decades, Bugatti’s identity has been shaped under the umbrella of the Volkswagen Group. That chapter has ...

In setting up the joint venture Bugatti Rimac together with Rimac Group, we successfully laid the foundation for Bugatti’s ...

Ownership passes to a New York based investment fund and gives Mate Rimac effective control of the Bugatti brand ...