Supercar company Bugatti is about to be sold 2

Supercar company Bugatti is about to be sold 2

Rimac electric car company from the Southern European country is likely to be the new owner of the French brand Bugatti.

Parent company Volkswagen is in the process of transferring Bugatti to Rimac Automobli.

Under the late president Ferdinand Piech, this may never happen.

Chiron – Bugatti’s newest supercar.

Now, Volkswagen no longer wants to waste money and human resources on passion-oriented brands that were purchased under the late chairman.

But how can Volkswagen let go of Bugatti without losing support from members of the Piech family, who still hold 50% of the group’s shares?

Ferdinand Piech is the grandson of Ferdinand Porsche, the founder of Porsche.

In 2018, Porsche bought a 10% stake in Rimac Automobili.

Supercar company Bugatti is about to be sold

C-Two – electric supercar has an estimated price of 2.1 million USD.

Rimac can be considered the Tesla of Europe.

Rimac is currently unlisted, and the founder holds 51% of the shares.

Changing ownership can benefit all parties, as stated above.

If the supervisory board signs the deal, current Bugatti CEO Stephan Winkelmann seems less likely to stay.

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