Porsche sold off their remaining 45% share in Bugatti to Rimac

[TheButcher]

VW Group is shedding employees, cutting back models and doing everything possible to stay in business, they just sold the remaining 45% of Bugatti to Rimac. They as in Porsche which is part of VW group.

VW made Bugatti a real brand again after acquiring it, so credit where credit is due. Rimac ia all about electric not ice cars, so we shall see how this plays out, I have a bad feeling the v16 days of Bugatti are coming to an end.


"End of an Era: Porsche Sells Remaining Stake in Bugatti to Rimac

Porsche had owned 45 percent of the Bugatti Rimac joint venture, but now has completely divested from the hypercar manufacturer."

https://www.caranddriver.com/news/a7367 ... -to-rimac/

[NSWDave]

VW owns a few big brands hey can sell off a few and focus on their core company and make it grow.

[Cars-n-Chicks]

An electric Bugatti will not be the same as one with a W16 gas engine.

[Wm2man]

VW closed a plant in Germany, they are doing what ever it takes to stay around. Selling brands is quick cash but in the long run they will regret it. These brands have a way of attracting buyers to showrooms where cheaper models sell. They are "Halo" cars.

[jag]

My hubby has a 2021 Porsche Boxster and I love to take it out for a drive.Just the sound of the exhaust when you are at the red light is s delight.

[vblogger]

My hubby has a 2021 Porsche Boxster and I love to take it out for a drive.Just the sound of the exhaust when you are at the red light is s delight.

When they came out they were a bargain compared to the 911's. Now they are more expensive than the 911 was back then.

[AlexO]

I will never be able to afford a Bugatti so who cares