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Volkswagen to sell Bugatti to Croatian supercar maker Rimac: Reports
short by Rishabh Bhatnagar / on Sunday, 20 September, 2020
German automaker Volkswagen is reportedly looking to sell Bugatti to Croatia-based electric supercar maker Rimac. Volkswagen’s Porsche unit could also reportedly boost its 15.5% stake in Rimac Automobili to as much as 49% to help finance the deal. Volkswagen owns 12 brands, including Skoda, Lamborghini and Audi, and could sell off a few more brands, according to reports.
read more at BloombergQuint