BREAKING: Volkswagen Puts Bugatti On The Auction Block - Rimac Most Likey Buyer

BREAKING: Volkswagen Puts Bugatti On The Auction Block - Rimac Most Likey Buyer

Manager Magazin reported that Volkswagen Group is discussing the sale of Bugatti to Croatia's Rimac. VW aims to complete the sale this year, the magazine said, citing VW sources.

Bugatti would become an all-electric brand under Rimac, Car magazine reported.


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mre30mre30 - 9/17/2020 11:38:42 AM
+1 Boost
Funny! I can hear the tortured screams of all the Bugatti owners whose cars just got instantly de-valued by about 25%.

Good luck keeping a Veyron or Chiron on the road 5 years from now!

#Sucks.To.Be.Rich


PUGPROUDPUGPROUD - 9/17/2020 11:40:27 AM
+2 Boost
Wow. Didn't see that coming. Piech must be rolling over in his grave.


mre30mre30 - 9/17/2020 2:52:16 PM
+2 Boost
VW is taking offers for Ducati and Bentley as well, my sources in Wolfsburg tell me.


MDarringerMDarringer - 9/19/2020 5:31:16 PM
0 Boost
They mismanaged Bentley and somehow allowed ugly styling to get out.


CANADIANCOMMENTSCANADIANCOMMENTS - 9/17/2020 2:10:29 PM
+4 Boost
It's a poor investment for any brand. I would pass for sure.


CANADIANCOMMENTSCANADIANCOMMENTS - 9/17/2020 6:23:08 PM
+3 Boost
So Rimac buys Bugatti and now Porsche was 49% of Rimac. Lots going on here.


MDarringerMDarringer - 9/17/2020 8:32:51 PM
-1 Boost
So Bugattis is being purchased by a company that sounds like its some deviant sexual practice?

Lamborghini is the jewel that someone would want. Both Ford and Hyundai-Kia would be wise to bid on that.


FoncoolFoncool - 9/17/2020 8:53:56 PM
+1 Boost
Lots of friends at Bugatti and Lamborghini, could see Tavares wanting to bring both within PSA. Wouldn’t surprise if Daimler went after Bentley could pair with their eventual ownership of Aston


MDarringerMDarringer - 9/18/2020 8:12:29 AM
-1 Boost
PSA would be a DISASTER for Bugorghini. Citroen worked hard to destroy Maserati and the brand pretty much suffered such an image loss that it could never recover.

The French are morons when it comes to cars.

Tavares has enough on his plate swallowing Fiat. I'm sure he doesn't have to balls to kill dead-end brands (Lancia, Fiat, Maserati, Alfa Romeo, Chrysler, Opel, DS) so he won't have the capacity to do anything but ruin Lamborghini and Bugatti.


FoncoolFoncool - 9/18/2020 9:14:53 AM
0 Boost
Tavares is considered the Best CEO in the auto industry. He turned PSA around, everyone thought he was nuts buying a money losing machine like Adam Opel. He turned it extremely profitable within 2 years, amazing. https://www.industryweek.com/leadership/article/22026011/peugeots-owner-does-to-opel-what-gm-failed-to-do-in-20-years




MDarringerMDarringer - 9/19/2020 5:32:14 PM
0 Boost
And he's been heavily subsidized to keep the bottom from falling out. He didn't work miracles.


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