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

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

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

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

Porsche AG has agreed to sell its stake in the venture that owns the Bugatti supercar brand to a consortium led by HOF ...

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

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 ...

Porsche will sell its 45% stake in Bugatti Rimac and 20.6% stake in Rimac Group to a consortium led by U.S.-based HOF Capital, with Abu Dhabi’s BlueFive Capital as the largest investor. The move ...

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 ...

For more than two decades, Bugatti ’s identity has been shaped under the umbrella of the Volkswagen Group. That chapter has ...

Porsche has agreed to sell its ⁠stakes ⁠in sportscar makers Bugatti and ⁠Rimac to a consortium led by a U.S. fund co-founded ...

After 28 years with Porsche, the French hypercar manufacturer will come under the control of Rimac and HOF Capital-led ...