Porsche Finalises Sale of Stakes in Rimac and Bugatti Rimac

Porsche has wrapped up the divestment of its holdings in Croatian carmaker Rimac Group together with the Bugatti Rimac hypercar joint venture, a move that was first signalled back in April. The transaction brought the German sports car manufacturer roughly €1 billion.

Alongside the completed sale, Bugatti President Christophe Piochon is leaving his post.

The exit marks a notable shift in how Porsche positions itself within the high-performance electric and hypercar segment, stepping back from its earlier investment in the Croatian marque and the Bugatti joint operation.