Volkswagen Group beneath to animadversion on letters that it is in talks to advertise its Bugatti supercar cast to Croatian achievement electric-car specialist Rimac.
Bugatti would become an all-electric cast beneath Rimac, Car anniversary reported.
Manager Magazin additionally appear that VW is discussing the auction of Bugatti to Rimac. VW aims to complete the auction this year, the anniversary said, citation aggregation sources.
VW Group and Bugatti spokespeople alone beneath to animadversion on the reports. A Rimac backer additionally said: “We cannot animadversion on speculation.”
VW admiral accustomed the accord aftermost week, but it still needs authoritative lath approval, Car anniversary said on Thursday, citation anonymous bodies accustomed with the matter.
Bugatti has continued been advised to be the jewel in the acme of the VW Group and additionally an archetype of the automaker’s engineering extravagance. It was active beneath above Chairman Ferdinand Piech in 1998 afterwards the cast had abundantly achromatic from actuality in the 1950s.
Because of aerial development costs and low volumes, the 16-cylinder Veyron — Bugatti’s aboriginal archetypal beneath VW ascendancy — was advised one of the better money losers in the auto industry. Volkswagen doesn’t breach out financials for the brand.
Bugatti was assisting aftermost year on the aback of sales of its 2.5-million-euro Chiron hypercar, President Stephan Winkelmann said in July.
The aggregation will additionally be assisting this year, the Bugatti agent said.
The COVID-19 crisis led to the cast to adjourn a accommodation on whether to barrage a additional archetypal amidst apropos about whether barter would be accommodating to pay for it during a recession, Winkelmann said in July.
Bugatti awash 82 cars in 2019, according to VW Group’s anniversary report.
Since the 2015 diesel-cheating scandal, VW has been demography a afterpiece attending at its portfolio, with a accurate focus on the big-ticket luxury-car brands amidst the growing accountability of advance in electric advancement and self-driving technology.
Bloomberg had ahead appear that the carmaker was belief options for the Lamborghini unit.
Rimac’s success in developing its own electric drive apparatus has led to investments from Porsche, which has a 15.5 percent stake, and additionally Hyundai, which has 14 percent stake. Chinese array maker Camel Group owns a 19 percent stake.
Rimac would accord VW Group’s Porsche cast a beyond pale to advice pay for Bugatti, according to the Car anniversary report.
Rimac is currently developing an electric hypercar, the C-Two, which is due to be launched in the aboriginal division of 2021.
The C_Two is said to accomplish 1,914 hp, added than the 1,600 hp Bugatti Chiron, which uses a 8.0-liter 16-cylinder gasoline engine. The barrage of the C_Two has been delayed by the pandemic.
Founder Mate Rimac told Automotive News Europe aftermost year that he aims to be a Tier One supplier of electric components. He additionally said the aggregation would accumulate assembly of cars to a actual low volume.
“We don’t appetite to go to a college aggregate with our cars for several reasons. One of them is that we don’t appetite to attempt with our customers. As continued as we are beneath 100 cars a year, they don’t care,” he said.