Bugatti Owned By Vw

It bought both lamborghini and bugatti in 1998 as it was trying to inject an extra dose of sportiness into its image.

Supercars championship car. Volkswagen was on a roll expanding its operation in the late 1990s. The myth of bugatti was created by ettore bugatti and his son jean who strived in their sketches and constructions for the perfect synthesis of art and technology. Holding in july 1998.

Porsches current stake in rimac is 155 which it upped from 10 in september last year. With an 8 liter w16 engine delivering 1500 horsepower an electronically limited top speed of 261 mph 420 kmh and a price of about 2400000 the chiron. In 1998 the legendary brand became part of the volkswagen group.

To enable rimac to finance the purchase of bugatti volkswagen group owned porsche is expected to boost its current 155 shareholding in the croatian company to as much as 49. According to car magazine the deal is likely to be done via porsche another marque owned by vwg which will trade bugatti for an increased stake in rimac. Volkswagen acquired bugatti international sa.

Is a wholly owned subsidiary of the volkswagen ag after the veyrons discontinuation in 2014 the new bugatti model was revealed to be the chiron in 2016. With the sale of bugatti to rimac porsche will reportedly look to up its stake to 49.