Volkswagen in talks to sell Bugatti to Croatia’s Rimac: Manager Magazin
Thu Sep 17 2020
Nikki Bailey (1053 articles)

Volkswagen in talks to sell Bugatti to Croatia’s Rimac: Manager Magazin

Volkswagen VOWG_p.DE is in talks to sell its supercar brand Bugatti to Croatian entrepreneur Mate Rimac, Manager Magazin said on Thursday citing people familiar with the talks.

The sale to Mate Rimac will be discussed by Volkswagen’s committees this year, Manager Magazin said.

Bugatti, Mate Rimac and Volkswagen declined to comment.

Rimac has developed an electric supercar platform, which he supplies to other carmakers, including Automobili Pininfarina. Volkswagen unit Porsche owns a stake in Rimac.

Nikki Bailey

Nikki Bailey

Nikki Bailey reports on US Stocks. She covers also economy and related aspects. She has been tracking US Stock markets for several years now. She is based in New York

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