Croatian carmaker Rimac Automobili takes control of Bugatti from Volkswagen Group

While the Volkswagen Group is unwilling to sell off Lamborghini (which is in the group via Audi), it has divested its stake in Bugatti and Croatian carmaker Rimac Automobili is taking a controlling stake in the French supercar company. However, rather than referring to it as an acquisition, it is described as ‘combining forces’ since … Continue reading Croatian carmaker Rimac Automobili takes control of Bugatti from Volkswagen Group