Porsche sells Bugatti, Rimac to US consortium

Porsche will sell its 45% Bugatti Rimac JV stake and 20.6% Rimac Group stake to a U.S.-led consortium headed by HOF Capital.
The transaction's financial terms were undisclosed, though prior reports valued Rimac at over €2 billion and Bugatti Rimac at more than $1 billion.
Porsche's divestment follows a strategic review after a sharp margin decline and a 93% drop in operating profit in 2025.
Porsche shares fell 1.5% on the announcement day, reflecting market reaction to the stake sale.