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Tag: Porsche

Porsche Sells Bugatti Stake to BlueFive Capital
  • Tech

Porsche Sells Bugatti Stake to BlueFive Capital

eriinfo.com1 month ago03 mins

Porsche has agreed to sell its equity stake in Bugatti Rimac. Porsche and Rimac Group established Bugatti Rimac as a joint venture in 2021 to serve as home to the iconic Bugatti brand. In this joint venture, Porsche holds a minority stake of 45%, Rimac Group owns 55%. Porsche also holds a 20.6% stake in…

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Porsche to drop out of Germany’s DAX index as US tariffs bite
  • World News

Porsche to drop out of Germany’s DAX index as US tariffs bite

eriinfo.com9 months ago03 mins

The Porsche brand logo as lettering can be seen on the rear of a vehicle from the sports car manufacturer Porsche in Munich (Bavaria) on April 6, 2025. Picture Alliance | Picture Alliance | Getty Images Luxury carmaker Porsche will soon drop out of Germany’s blue-chip DAX index following a protracted share price slump, as…

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  • Treasury Department plans to use Iranian assets to help U.S. Gulf allies recover, source says
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