Porsche Sells Bugatti and Rimac Amidst Significant Profit Decline
In a notable shift, Porsche is divesting its interests in Bugatti Rimac as it faces a dramatic 93% drop in profits, allowing Mate Rimac to take greater control with backing from private equity.
Editorial Staff
1 min read
Updated 15 days ago
Porsche has announced its decision to sell Bugatti and Rimac, a move prompted by a staggering 93% decline in its profits.
This exit allows Mate Rimac to assume greater control of the companies, supported by private equity investments.
The decision marks a significant change in Porsche's strategy as it navigates challenging financial circumstances.