Volkswagen in talks to sell Bugatti to Croatian entrepreneur: Report
1 min read . Updated: 17 Sep 2020, 05:47 PM IST- The Croatian entrepreneur Mate Rimac has developed an electric supercar platform which he supplies to other carmakers.
Volkswagen is in talks to sell its supercar brand Bugatti to Croatian entrepreneur Mate Rimac, Manager Magazin said on Thursday citing people familiar with the talks.
The sale to Mate Rimac will be discussed by Volkswagen's committees this year, Manager Magazin said.
Bugatti, Mate Rimac and Volkswagen declined to comment.
(Also read: Vintage Bugatti, winner of 1934 Grand Prix, auctioned for massive £9.5 million)
Rimac has developed an electric supercar platform, which he supplies to other carmakers, including Automobili Pininfarina. Volkswagen unit Porsche owns a stake in Rimac.
This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.