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 ...

The deal sends Porsche’s 45 percent share of Bugatti Rimac and its 20.6 percent holding in Rimac Group to a consortium led by ...