Automotive News

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 24. Porsche and Rimac Group established Bugatti Rimac as a joint venture in 2021. Porsche holds a minority stake of 45%, while Rimac Group owns […]
The post Porsche sells its stake in Bugatti Rimac appeared first on The Supercar Blog.

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Author: Swapnil

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