FRANKFURT (Reuters) – Electrical hypercar maker Rimac Automobili and Volkswagen’s supercar model Bugatti are an excellent technological match, Porsche AG’s CEO informed German weekly Automobilwoche, fuelling hopes {that a} deal between the 2 might occur quickly.
British automotive journal Automobile final 12 months reported https://www.carmagazine.co.uk/car-news/industry-news/bugatti/vw-group-rimac that Volkswagen was on the verge of promoting Bugatti to Rimac Automobili, citing sources.
In change, Porsche AG, additionally owned by Volkswagen, would elevate the 15.5% stake it owns in Rimac Automobili, based by Croatian entrepreneur Mate Rimac, Automobile stated.
“For the time being there are intense deliberations on how Bugatti might be developed in the very best approach. Rimac might play a job right here as a result of the manufacturers are an excellent technological match,” Porsche AG CEO Oliver Blume stated.
“There are numerous eventualities with completely different constructions. I consider that the difficulty will likely be determined by the group within the first half of the 12 months,” stated Blume, who additionally sits on the administration board of guardian Volkswagen AG.
Rimac has developed an electrical supercar platform, which he provides to different carmakers, together with Automobili Pininfarina.
Blume additionally confirmed larger financial savings targets for Porsche, saying the carmaker plans to help outcomes by 10 billion euros ($12.1 billion) of price cuts by 2025, up from 6 billion beforehand.
(Reporting by Christoph Steitz; Modifying by Kirsten Donovan)
Copyright 2021 Thomson Reuters.
