Porsche has sold its stake in Bugatti to a consortium of investors, marking Volkswagen Group's exit from the luxury brand after 28 years. The move reflects a shift away from earlier electric vehicle ambitions, as Bugatti's partnership with Rimac for high-performance EV tech now transitions to new ownership. This signals a strategic realignment in the supercar market as electrification timelines evolve.
Background
Bugatti is a historic luxury supercar brand revived by Volkswagen Group in 1998, known for extreme performance vehicles like the Veyron and Chiron. The automotive industry is undergoing a major transition toward electrification, with many manufacturers investing heavily in EV technology.
- Source
- Ars Technica
- Published
- Apr 24, 2026 at 09:54 PM
- Score
- 6.0 / 10