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 had owned 45 percent of the Bugatti Rimac joint venture, but now has completely divested from the hypercar ...
With the deal now finalized, Mate Rimac can steer Bugatti’s future direction more easily. Bugatti Automobiles president and ...
The move provides Porsche with much-needed cash as tariffs, China, and its EV reset apply pressure to profit margins.
When Porsche first agreed to sell to Rimac in 2021, the agreed-upon shareholder structure gave Rimac a 55% majority stake, ...
The seasoned venture investor discusses the firm’s recent deal with Bugatti Rimac and its outlook on AI investing.
Porsche has completed its sale of Bugatti to the Rimac Group in a €1bn sell-off. Porsche and Rimac entered into a joint ...
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 selling its stake in Bugatti Rimac to a group of investors in a deal said to be worth $1.2 billion.
Porsche said on Wednesday it had completed the sale of its stakes in Bugatti Rimac and Rimac Group after receiving regulatory ...