The automotive industry has grappled with mounting pressure to consolidate amid slowing growth, rising costs and intensifying ...

As part of the deal, Porsche will dispose of its 45% interest in Bugatti Rimac, the joint venture createdwith Rimac Group in 2021, as well as its 20.6% stake in Rimac Group.

Rimac is the second UDFA from Virginia Tech.

Porsche doesn’t usually make quiet moves. When it does something big, it tends to ripple across the entire auto industry. And ...

German sports car brand exits Bugatti Rimac as Mate Rimac gains greater control with private equity help ...

Porsche agreed to sell its stakes in the Bugatti-Rimac joint venture and the greater Rimac group to a consortium led by ...

Rimac is most closely associated with record-breaking electric hypercars, having made its name in them. But that doesn’t mean Rimac doesn’t care about the internal combustion driving experience, as ...

For more than two decades, Bugatti’s identity has been shaped under the umbrella of the Volkswagen Group. That chapter has ...

Add Yahoo as a preferred source to see more of our stories on Google. Three cars, one from Porsche, Bugatti and Rimac, all parked next to each other. The three automakers formed a new joint venture, ...

Rimac is no stranger to ultra-quick EVs, but its latest model is on a different level entirely. The Rimac Nevera recently set 23 new performance records, including a new 0-400-0 kilometers-per-hour ...

On paper, this race should have been embarrassing for the Corvette ZR1X. It costs around $230,000 to $250,000, depending on ...

Rimac wasn’t happy with just having its Nevera be known as the fastest production model EV. Instead, Rimac took the Nevera to the track again and broke 23 performance records including the fastest 0 ...