Volkswagen Group’s Porsche division plan to form a joint venture called Bugatti-Rimac with Croatia’s Rimac Automobili to run VW’s Bugatti brand. Rimac will own 55 per cent of the JV; Porsche 45 per cent. The new entity will be established late this year, and will be based in Zagreb, Croatia. VW Group will transfer Bugatti…
Porsche, Rimac JV Will Run Bugatti