- Oct 2, 2004
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Supercar maker Bugatti taken over by Croatian company Rimac
"Porsche will own 45% of Bugatti-Rimac while Rimac Automobili will hold the remaining 55% stake, according to Croatian media reports. Financial details of the deal were not published.
Bugattis will continue to be assembled in eastern France, where the company was established in 1909. The vehicles will use engines developed and made in Croatia."
The Croatian engines comment is what I'm curious about...will they be going full-electric with all future Bugatti models, or developing ICEs? The Rimac Nevera is currently the world's fastest production car afaik, but it's purely electric.
Aren't the monster 48V, quad-turbo, 12-cylinder ICEs sort of what Bugatti has been known for?
Also: I know Rimac has done pretty well with R&D and the production of the Nevera, but...where did they get the kind of funding required to buy a majority stake in Bugatti? Seems like it'd be pretty high value.
The name 'Bugatti' alone holds value, and they've also had the fastest production road cars on and off for the past 20 years. It's not a huge producer as they are niche vehicles costing millions, but I'm surprised that VW group would release control of it.
Perhaps it's continued fall-out and consolidation post-diesel scandal? /shrug
"Porsche will own 45% of Bugatti-Rimac while Rimac Automobili will hold the remaining 55% stake, according to Croatian media reports. Financial details of the deal were not published.
Bugattis will continue to be assembled in eastern France, where the company was established in 1909. The vehicles will use engines developed and made in Croatia."
The Croatian engines comment is what I'm curious about...will they be going full-electric with all future Bugatti models, or developing ICEs? The Rimac Nevera is currently the world's fastest production car afaik, but it's purely electric.
Aren't the monster 48V, quad-turbo, 12-cylinder ICEs sort of what Bugatti has been known for?
Also: I know Rimac has done pretty well with R&D and the production of the Nevera, but...where did they get the kind of funding required to buy a majority stake in Bugatti? Seems like it'd be pretty high value.
The name 'Bugatti' alone holds value, and they've also had the fastest production road cars on and off for the past 20 years. It's not a huge producer as they are niche vehicles costing millions, but I'm surprised that VW group would release control of it.
Perhaps it's continued fall-out and consolidation post-diesel scandal? /shrug
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