News

Bugatti Gets Handed Over to Porsche

by Felix Larouche
Photo: Bugatti

After many months of rumours and speculation related to the future of Bugatti and its possible transfer to Rimac, the CEO of the Volkswagen Group, Herbert Diess confirmed that the automaker will now be under Porsche’s control.

This strategic change is being done to ensure the brand is ready for electrification, something already happening across the automotive industry.

Bugatti, known for its legendary Veyron and more recent Chiron, is one of the world’s most prestigious manufacturers. Bugatti vehicles are known for their massive 16-cylinder engines that deliver stratospheric fuel consumption ratings, with figures ranging from 24.1 L/100 km for the Veyron, and 22.5 L/100 km for the Chiron respectively.

Photo: Bugatti

Electrification on the horizon?

Even though Bugatti did not end up going to Rimac, it’s important to keep in mind that Porsche holds a 24% stake in the Croatian automaker.

Rimac specializes in manufacturing high performance electric vehicles. Their newest model, the C_Two, brings a whopping 1914 horsepower and 1696 pound-feet of torque to the table. Rimac estimates the car will be able to sprint from zero to 100 km/h in 1.85 seconds, beating the widely anticipated Tesla Roaster, which promises a 2.1 second time.

This news leads us to believe that Porsche and Bugatti may take advantage of Rimac’s industry knowledge in order to develop future electric vehicles. 

Bugatti joined the Volkswagen Group in 1998, alongside prestigious automakers Bentley and Lamborghini.

Share on Facebook
Gallery

More on the subject

NewsBugatti Set to be Sold by Volkswagen to Rimac
Bugatti , one of the world’s most prestigious automakers, is reportedly on the verge of being sold to Croatian builder Rimac. Currently owned by Volkswagen AG, the French supercar company will become the property of entrepreneur Mate Rimac, Manager Magazine said on Thursday citing people familiar with the talks. Reuters …
News15 Years Ago the Bugatti Veyron Reached 407 km/h
On April 29, 2005, the Bugatti Veyron became the world’s first production car to top 400 km/h and set a new record with a speed of 407 km/h. It all took place at the Ehra-Lessien track in Germany with Uwe Novacki behind the wheel. Now 71, this seasoned driver was …
NewsPorsche Introduces New One-off Customization Program
In a move to cater to the ever-growing wishes and requirements of its customers, Porsche is introducing a new one-off car customization program called Sonderwunsch. “We are aiming our offering specifically at customers who attach particular value to realisation of their personal dream vehicle by the Porsche factory and for …
New ModelsOne-off Bugatti La Voiture Noire is Ready to be Delivered
You surely remember the breathtaking Bugatti La Voiture Noire (The Black Car) that made its debut at the Geneva Motor Show in 2019. A one-off hypercar, it was billed as the most expensive production automobile in the world. Two years later, the final version is ready to be delivered to …
NewsNew Bugatti Chiron Super Sport Gets Big Power, Speed Limiter
Remember the Bugatti Chiron Super Sport 300 from two years ago? Created in a limited run of 30 units, it celebrated the record-setting Chiron that broke the 300-mph (482 km/h) barrier. The prestigious French automaker today unveiled a new version, without the magic number, apparently designed more for everyday driving …
NewsRimac Takes Majority Stake In Bugatti
Croatian electric carmaker Rimac Automobili will take the controlling stake in Bugatti , in an ownership swap arrangement with the French race-car brand's owner Volkswagen , the companies said Monday. Under the deal, Rimac and Volkswagen will set up a joint venture focused on Bugatti called Bugatti-Rimac. It will be …