As part of the deal, Porsche will dispose of its 45% interest in Bugatti Rimac, the joint venture createdwith Rimac Group in 2021, as well as its 20.6% stake in Rimac Group.

The automotive industry has grappled with mounting pressure to consolidate amid slowing growth, rising costs and intensifying ...

Back in 2021, Porsche laid out a large amount of capital to invest in the newly formed Bugatti-Rimac joint venture, a company ...

German sports car brand exits Bugatti Rimac as Mate Rimac gains greater control with private equity help ...

A new chapter in the Bugatti story begins today. Twenty-eight years after bringing the storied luxury brand back from the ...

Porsche will sell its stakes in Bugatti Rimac and Rimac Group to a consortium led by HOF Capital, a New York-based investment ...

Rimac is most closely associated with record-breaking electric hypercars, having made its name in them. But that doesn’t mean Rimac doesn’t care about the internal combustion driving experience, as ...

Everyone in the industry knows about the Rimac Nevera; the electric hypercar that casually demolished 23 records in a single day last year, including a 0-100km/h (62 mph) run in 1.82 seconds. But ...

When Elon Musk announced the new Roadster back in 2017, Rimac already had the C_Two in development. The Croatian hypercar had some pretty impressive performance figures announced, but then the Tesla ...

Athletes often like to say that it’s much harder to stay at the top than to get to the top, as a target is immediately put on their back the moment they reach the summit. This appears to be the case ...

Rimac wasn’t happy with just having its Nevera be known as the fastest production model EV. Instead, Rimac took the Nevera to the track again and broke 23 performance records including the fastest 0 ...