Porsche’s net cash flow margin in its mainstay automotive segment is now expected to increase this year to between 5.5% and 7 ...
With the deal now finalized, Mate Rimac can steer Bugatti’s future direction more easily. Bugatti Automobiles president and ...
When Porsche first agreed to sell to Rimac in 2021, the agreed-upon shareholder structure gave Rimac a 55% majority stake, ...
Porsche had owned 45 percent of the Bugatti Rimac joint venture, but now has completely divested from the hypercar ...
The move provides Porsche with much-needed cash as tariffs, China, and its EV reset apply pressure to profit margins.
BlueFive will have a seat on the board of Bugatti Rimac London: BlueFive Capital, one of the world’s fastest growing ...
Rimac Group retains its 55% controlling stake in Bugatti Rimac, with HOF Capital's consortium replacing Porsche as a shareholder in both companies.
Porsche has completed its sale of Bugatti to the Rimac Group in a €1bn sell-off. Porsche and Rimac entered into a joint ...
Porsche has completed selling its stake in Bugatti Rimac to a group of investors in a deal said to be worth $1.2 billion.
The VW Group’s decades-long stewardship of hypercar royalty is officially over.Porsche finalized the sale of its entire ...