Porsche is pulling a U-turn on one of its more recent high-profile investments. The German sports car maker announced that it ...

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

A consortium led by U.S. firm HOF Capital will acquire Porsche's 45% stake in Bugatti Rimac, with Rimac Group taking full ...

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

Porsche Bugatti Rimac Sale confirmed as Porsche agrees to sell its stakes in Bugatti Rimac and Rimac Group to a HOF ...

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

Porsche has reached an agreement with an international consortium led by New York-based HOF Capital to sell its stake in ...

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

Porsche will sell its 45% stake in Bugatti Rimac and 20.6% in Rimac Group to a consortium led by HOF Capital, with BlueFive Capital as the largest investor. The move comes after a 93% drop in ...

Porsche is divesting its 45% stake in Bugatti Rimac and 20.6% share in Rimac Group to a consortium led by HOF Capital, ...

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

Porsche also holds a 20.6% stake in Rimac. The deal announced Friday will see Porsche sell both of those stakes to a consortium led by U.S.-based investment firm HOF Capital, and which includes Abu ...