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Porsche to decide soon on Bugatti future - CEO

Published 21/06/2021, 11:43
© Reuters. A site organizer walks by a Bugatti Veyron at the Guangzhou International Automobile Exhibition in Guangzhou, Guangdong province, November 22, 2013. Luxury car dealers are resorting to offering customers massages, mini-golf and other gimmicks, hoping this
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WEISSACH, Germany (Reuters) - Volkswagen (DE:VOWG_p) will soon decide on the future of its luxury brand Bugatti, Oliver Blume, Volkswagen management board member and CEO of Porsche AG, said on Monday.

Volkswagen in March said it was working on a strategic partnership with Croatian electric hypercar maker Rimac, which will likely result in a joint venture between Porsche and Rimac, with Porsche as a minority partner.

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