Volkswagen is a well-known German automotive manufacturer that owns several popular car brands.
One of the brands that Volkswagen has owned for many years is Bugatti. However, there has been some confusion and speculation among car enthusiasts about whether Volkswagen still owns Bugatti or if the ownership has changed.
As of September 2021, Volkswagen has sold Bugatti to Rimac Automobili, a Croatian electric hypercar manufacturer. Volkswagen retains a minority stake in Bugatti, but Rimac now owns a controlling stake in the company.
In 2021, the company shed Bugatti and transferred ownership to a joint venture between Volkswagen’s Porsche unit and Rimac, a young Croatian company that has made a name for itself in the electric car industry.
This move was a strategic decision by Volkswagen to focus on electric cars and shift away from the high-end sports car market that Bugatti specializes in.
Despite no longer being owned by Volkswagen, Bugatti remains a highly sought-after brand in the automotive industry.
The company is known for producing some of the most expensive and exclusive cars in the world, such as the Bugatti Chiron, which starts at close to $3 million.
With the new ownership structure in place, it will be interesting to see how Bugatti evolves and what new innovations they bring to the market in the coming years.
Who Owns Bugatti Now
As of November 2021, Volkswagen no longer owns Bugatti. Instead, Bugatti is now owned by Bugatti Rimac, a joint venture between Volkswagen’s Porsche unit and Rimac, a Croatian company that specializes in electric supercars.
Porsche AG, which is part of the Volkswagen Group, holds a 45% stake in Bugatti Rimac, while Rimac holds the remaining 55%.
The relationship between VW and Porsche is extremely veiled and complex, and you can read more about it in my article on this topic.
This partnership allows Bugatti to leverage Rimac’s expertise in electric powertrains and battery technology to develop more sustainable and high-performance vehicles.
Bugatti Rimac’s acquisition of Bugatti is part of a larger trend in the automotive industry towards electrification and sustainability.
Rimac’s expertise in electric powertrains and battery technology will enable Bugatti to develop more environmentally friendly vehicles without sacrificing performance.
It’s worth noting that Volkswagen’s decision to shed Bugatti was part of a larger restructuring effort aimed at focusing on its core brands, such as Volkswagen, Audi, and Porsche.
By divesting itself of Bugatti, Volkswagen was able to streamline its operations and focus on its more profitable brands.
Overall, Bugatti Rimac’s acquisition of Bugatti represents an exciting new chapter for the iconic sports car brand.
With Rimac’s expertise in electric powertrains and battery technology, Bugatti is well-positioned to continue pushing the boundaries of performance and sustainability in the automotive industry.
READ ALSO: Does Volkswagen Own Mercedes? Here’s the Answer
Does Volkswagen Own BMW?
No, Volkswagen doesn’t own BMW. BMW is a separate and independent company.
Volkswagen Group is a German multinational automotive manufacturing company that owns several other car brands, including Audi, Bentley, Bugatti, Lamborghini, Porsche, Scout, and Volkswagen itself.
On the other hand, BMW is a German multinational corporation that produces luxury vehicles and motorcycles.
The company was founded in 1916 as a manufacturer of aircraft engines, which it produced from 1917 until 1918 and again from 1933 to 1945.
BMW is known for producing high-performance sports cars, luxury sedans, and motorcycles.
While Volkswagen and BMW are both German automakers, they are separate entities with different ownership structures.
Volkswagen has made several acquisitions over the years, but BMW has remained independent and has not been acquired by any other company.
In summary, Volkswagen does not own BMW. While both companies are based in Germany and produce cars, they are separate entities with different ownership structures.
READ ALSO: Does Volkswagen Own Volvo? (Uncovering the VW-Volvo Connection)
Does Volkswagen Own Lamborghini?
VW is the largest automaker in Europe and the second-largest in the world and has owned Lamborghini since 1998.
Lamborghini was founded in 1963 in Northern Italy and currently has around 1,800 employees.
It is known for producing high-performance sports cars and supercars, such as the Aventador and the Huracan.
Volkswagen’s acquisition of Lamborghini was part of its strategy to expand its portfolio of luxury car brands.
Lamborghini’s expertise in high-performance engineering and design complements Volkswagen’s other brands, such as Porsche and Audi.
Despite being owned by Volkswagen, Lamborghini operates as an independent company with its own management team and design studio.
Lamborghini’s headquarters and factory are located in Sant’Agata Bolognese, Italy.
In conclusion, Volkswagen does own Lamborghini, and it is one of several high-end car brands in Volkswagen’s portfolio.
However, Lamborghini operates independently and continues to produce some of the world’s most sought-after sports cars and supercars.
Does Volkswagen Own Ferrari?
Ferrari is not one of the brands owned by Volkswagen.
Ferrari is an Italian sports car manufacturer that was founded in 1947 by Enzo Ferrari. The company is known for its high-performance sports cars and has a rich history in motorsports, particularly in Formula One racing.
Ferrari is currently owned by Exor, a holding company controlled by the Agnelli family, who also own Fiat Chrysler Automobiles.
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Exor acquired a controlling stake in Ferrari in 1969 and took the company public in 2015.
While Volkswagen does not own Ferrari, the two companies have competed against each other in motorsports, including in the World Endurance Championship and the 24 Hours of Le Mans.
In summary, Volkswagen does not own Ferrari. Ferrari is owned by Exor, a holding company controlled by the Agnelli family.
Jack is the owner, chief editor, and senior writer of this website.
Machinery, engines, and farming have always been a passion of his since he was a young boy. Growing up on a small farm in rural America, he learned the value of hard work and dedication from an early age.
After completing his degree in Engineering, he decided to follow his dream and became a farmer in 2009.
Since then, he has gained a wealth of knowledge and experience in the field. He has grown a variety of crops, tended to farm animals, and worked with all sorts of farming machinery. Continue reading…
