What company makes bugatti

Porsche and Croatian electric performance car manufacturer Rimac have agreed to create a joint venture that incorporates Volkswagen's high-performance Bugatti brand, officials announced Monday. The new joint venture — called Bugatti-Rimac — is expected to be established as a hypercar manufacturer think high-end sport car or supercar but better performance and more exclusive in the fourth quarter of this year. Bugatti's shares will be transferred from Volkswagen, which owns Porsche and Bugatti, to Porsche and then to Rimac, the companies said. The vehicles had previously been announced separately by the companies. Blume, during a call with media on Monday, called the new joint venture a "perfect combination. In a statement, Mate Rimac, who founded the company in his garage in , called the joint venture an "exciting moment" and the combination of the companies "a perfect match for each other.

Bugatti Automobiles S. The company was founded in as a subsidiary of the Volkswagen Group and is based in Molsheim , Alsace. In , namesake Ettore Bugatti founded his automotive brand here and, with interruptions due to World War II , built sports, racing, and luxury cars until Since January 1, , the company has been led by Stephan Winkelmann as President. On the same day, the company took over the design and naming rights to Bugatti from Italian businessman Romano Artioli , who built supercars such as the EB and EB with Bugatti SpA in Italy between and Since , the Bugatti automobile brand has officially existed as Bugatti Automobiles S.

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