Porsche on Monday said it agreed to establish a joint venture with Croatia’s Rimac Automobili that will include the Bugatti brand, confirming strategies mapped out earlier this year. To be …
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An increase in the use of special purpose acquisition companies (SPAC) for raising investment for electric vehicle start-ups could damage the long-term prospects of the industry, Mate Rimac, founder of …
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Volkswagen reportedly in talks to sell Bugatti to Croatia’s Rimac
by SpeedLuxby SpeedLuxVolkswagen is in talks to sell its supercar brand Bugatti to Croatian businessman Mate Rimac, Manager Magazin said on Thursday citing individuals familiar with the talks. The sale to Mate …