HardwareCarScoopsabout 1 hour ago
Rimac Finalizes Bugatti Takeover, Ending All VW Ownership
3 min read
Rimac finalized the purchase of Porsche's 21% stake in Rimac Group and 45% stake in Bugatti Rimac, ending all Volkswagen Group ownership. Porsche earned €1 billion ($1.16 billion) from the deal, and Mate Rimac becomes Bugatti's new president.
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