Porsche completes its exit from Bugatti Rimac, raising its 2026 automotive cash flow outlook after a €1 billion deal to focus on core business.

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The divestment forms part of Porsche’s broader push to concentrate on its core operations. Credit: Mareks Perkons / Shutterstock.com Porsche has completed the sale of its holdings in Bugatti Rimac and ...

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Porsche just got paid to let go of Bugatti. On September 9, the German sports car maker confirmed it has completed the sale of its stakes in Bugatti Rimac and Rimac Group, wrapping up a five-year ...

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Five months after it announced the intention to divest its ownership stakes in the French automaker, Porsche has officially severed its long-running ties with Bugatti. The sale is finally complete, ...

Porsche AG said it expects its profitability to get a boost from the nearly $1.2 billion the company netted from its sale of stakes in a venture producing sports-car label Bugatti and in ...

Good morning and welcome to The Downshift, a daily sweep of today’s top headlines from the auto industry and car culture, curated by The Drive’s editorial team. Each story gets a short summary and a ...

Porsche has completed the sale of its holdings in Bugatti Rimac and Rimac Group, ending its involvement in the Croatia-based electric hypercar business. The German carmaker sold its 45% stake in ...