so overall vw will be the owner of this new venture?

Started by slowburn, July 08, 2021, 12:03:58 PM

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Porsche AG will have a minority stake of 45% in Bugatti-Rimac. Rimac Group will own a controlling majority of 55%, so Bugatti will leave its place in the Volkswagen Group, and will be controlled by Rimac.

Porsche AG owns 24% of Rimac Group, alongside Hyundai Group with 12% and Mate Rimac with 37%.