Through the deal, Mate Rimac will become the new president of Bugatti ...

Under the new structure, Rimac takes complete control of Bugatti with new leadership in place.

The VW Group’s decades-long stewardship of hypercar royalty is officially over.Porsche finalized the sale of its entire ...

Bugatti CEO Mate Rimac told CNBC he thinks high-end sports cars will continue to have combustion engines "for a very long time" even with the rise of EVs.

Porsche’s net cash flow margin in its mainstay automotive segment is now expected to increase this year to between 5.5% and 7 ...

Porsche has completed selling its stake in Bugatti Rimac to a group of investors in a deal said to be worth $1.2 billion.

Rimac Group retains its 55% controlling stake in Bugatti Rimac, with HOF Capital's consortium replacing Porsche as a shareholder in both companies.

Porsche is no longer involved with Bugatti Rimac, with the sale of its stake coming shortly after the company announced plans ...

HOF Capital today announced the completion of its acquisition of Porsche’s equity interests in Bugatti Rimac and Rimac Group through an HOF-led consortium. The transaction, first announced in April ...