Volkswagen in talks to sell Bugatti to Croatia's Rimac: Manager Magazin

Reuters

Published Sep 17, 2020 06:18AM ET

FRANKFURT (Reuters) - Volkswagen (DE:VOWG_p) 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.