Porsche is selling its Bugatti Rimac stake and walking away from Rimac
The automotive industry has grappled with mounting pressure to consolidate amid slowing growth, rising costs and intensifying margin pressure.
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Porsche AG has agreed to sell its 45% stake in supercar brand Bugatti Rimac to a consortium led by New York-based venture capital firm HOF Capital, with BlueFive Capital as the largest investor. The German automaker will also divest its 20.6% stake in Rimac Group, marking a complete exit from its investment in the Croatian electric hypercar maker. The deal comes amid mounting pressure on automakers to restructure their business portfolios due to slowing growth, rising costs, and intensifying margin pressure from tariffs and geopolitical disruption.