• VW urges decision on Bugatti - sale to Croatian upstart Rimac is in the offing

    1 month ago - By Business Insider

    VW is focusing on the electrification of its group brands. The expensive Bugatti prestige project with its W16 engines no longer fits the concept.
    Porsche CEO Oliver Blume announced in an interview with Automobilwoche that a decision on the brand's future will be made before the end of the first half of 2021.
    There is much to suggest that the young electric brand Rimac Automobili from Croatia will take over Bugatti. Porsche could increase its stake in Rimac in return.
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