Studies from a number of resources out of Europe place to a Bugatti sale to Croatian automaker Rimac in the close to foreseeable future. The specifics are nevertheless to be verified by the applicable events, but the rumors are compelling. And the major takeaway right here is that the foreseeable future looks to be electric.
Reuters is reporting the fundamental principles of the rumor in dilemma: Rimac, the eponymous firm from founder Mate Rimac, wants to acquire Bugatti from the Volkswagen Group. Over the yrs, Volkswagen has obtained many corporations and folded every single into the group umbrella—consider Lamborghini and Ducati, for case in point. Bugatti would seem to be a crown jewel, but possibly it can be not so core to the Group’s small business than its superlative position would show.
Rimac, in circumstance you’re not acquainted, builds electric hypercars this kind of as the Concept One particular. But an at any time-growing section of its business is giving EV skills to other organizations, this kind of as Koenigsegg, Aston Martin, and Porsche, the latter of which is primarily critical to this story. Porsche is, of study course, part of the Volkswagen Group, and the extraordinary Taycan electrical sports activities car or truck alerts the company’s curiosity in EV functionality. Porsche also retains a smaller but significant stake in Rimac.
Porsche and Rimac imagine a growth partnership, with Rimac taking a lot more of a part as a supplier of parts and experience to the broader industry—and Porsche in certain.
In gentle of the present romantic relationship, the British publication Car speculates that Bugatti will go to Rimac when Porsche will just take a more substantial stake in the Croatian business. This undoubtedly seems like a plausible explanation as to how VW will elegantly dispose of the French hypercar manufacturer even though attaining anything actually handy for its further development in the EV segment.
We questioned the related functions for remark and received a wide range of “no comment” responses. Even so, a Bugatti spokesperson extra the following: “In this incredibly abnormal yr 2020 with all its issues, we are completely centered on navigating Bugatti by way of the COVID-19 pandemic. Immediately after getting posted beneficial final results more than the final two several years, we are now on track to even exceed last year’s document outcomes.” If we hear something additional, we’ll permit you know.