Luxury car manufacturer Porsche has made a significant move in its partnership with Bugatti Rimac, selling its 45% stake in the joint venture. The sale, which comes as a surprise to industry insiders, marks a major shift in the company's strategy and raises questions about the future of the Bugatti brand. The joint venture, established in 2021, aimed to bring together the expertise of Bugatti, Rimac, and Porsche to create a new era of high-performance electric vehicles. With Porsche's stake now sold, it remains to be seen whether Bugatti Rimac will continue to operate under the same umbrella or forge a new path forward.
Porsche sells its 45% stake in Bugatti Rimac joint venture CBT News
