Through the deal, Mate Rimac will become the new president of Bugatti ...
The seasoned venture investor discusses the firm’s recent deal with Bugatti Rimac and its outlook on AI investing.
Under the new structure, Rimac takes complete control of Bugatti with new leadership in place.
Porsche had owned 45 percent of the Bugatti Rimac joint venture, but now has completely divested from the hypercar ...
Porsche’s net cash flow margin in its mainstay automotive segment is now expected to increase this year to between 5.5% and 7 ...
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.
Rimac is considered the pinnacle of EV hypercar performance, and, rather embarrassingly, one owner was caught on video ...
Porsche has completed selling its stake in Bugatti Rimac to a group of investors in a deal said to be worth $1.2 billion.
Imagine having a $2.4 million electric hypercar that makes people’s heads turn at an event, but you can’t show them the ...