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

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

Porsche has agreed to sell its equity stakes in Bugatti Rimac and Rimac Group to a consortium led by HOF Capital, a New York-based investment firm. The relevant transaction agreements were signed on ...

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

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

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

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 ...

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 ...

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

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 ...