Volkswagen would sell Bugatti to Rimac Automobili

The German group negotiates with the company, although it would not completely part with the French brand. Porsche is also involved in the matter.


British magazine CAR, the world's oldest automotive specialist media, published that the Grupo Volkswagen would have decided to part with Bugatti, the French hypercar brand.

According to the publication, the German group would have accepted the purchase proposal by the Croatian company Rimac Automobili, although the final decision will be of the supervisory board.

bugattiWith regard to internal negotiations, CAR puts on the table the importance of the percentage of ownership that the piech family has on the German conglomerate. The heirs of Ferdinand Piech, former head of the group and author of the idea to revive Bugatti in the hands of Volkswagen, owns 50% of the shares of the group VAG and he would not see with good eyes that the work of the "head of the family" ends up in the hands of others.

The solution would be in the hands of another brand of the VAG group: Porsche. In 2018, the Stuttgart brand bought 10% of Rimac and months later increased its stake to 15,5%, a percentage that according to European media speculations would reach 49% if the sale of Bugatti becomes effective.

Rimac would take over a renowned firm to develop its fabulous electrical systems, Porsche would take advantage of cutting-edge technology developed by the Croats and Volkswagen would get rid of the obligation to use hundreds of millions of dollars to keep Bugatti afloat ...

Source
AUTOCOSM
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Automundo

Automundo is the blog about news from the automotive industry, motorsport and the culture of the region. Director: Diego Durruty.

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