Rimac Finalizes Bugatti Takeover, Ending All VW Ownership
Without Porsche’s influence, Mate Rimac will steer Bugatti’s future. Mate Rimac spent more than 18 months trying to buy out Porsche. Porsche has earned €1 billion ($1.16 billion) from the deal. When the VW Group transferred ownership of Bugatti to a new venture between Rimac and Porsche in 2021, the goal was to use Rimac’s expertise to build an all-electric Read More