10 Car Brands Under The Volkswagen Group After Selling The “Bugatti” Brand Through Porsche

Car brands under the Volkswagen Group after selling the “Bugatti” hypercar brand through struggling Porsche AG.

VW Ex-Chairman Ferdinand Piëch bought rights to the Bugatti name in 1998, changed the Automotive Industry with the Veyron. 

Volkswagen Group is one of the world’s largest automakers, controlling 10 car brands from five European countries.

VW group is divided into ‘Core’, ‘Sport and Luxury’ and ‘Progressive’ groups – all working independently for shared success.

Volkswagen-owned Porsche AG recently got rid of its 45 per cent stake in Bugatti Rimac Joint Venture along with its 20.6 per cent share in the Rimac Group in order to focus struggling brand on the “core business”.

“Now, with the sale of our stake, we demonstrate that we will focus Porsche on the core business. We would like to thank Mate Rimac and his team for the constructive and trusting cooperation over the past years,” said Porsche boss Michael Leiters.

With this sale – to a consortium led by New York-based HOF Capital – the Volkswagen Group ended its 28-year relationship with the Bugatti brand – which it has owned through the Porsche brand since in 1998.

Volkswagen Ex-Chairman Ferdinand Piëch bought rights to the Bugatti name in 1998 before changing the Automotive Industry with the Bugatti Veyron.

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Volkswagen Ex-Chairman Ferdinand Piëch purchased rights to the Bugatti name in 1998, changed the Automotive Industry with the Bugatti Veyron. 

Volkswagen Group

The Volkswagen Group (Volkswagen AG) is one of the world’s largest automakers, controlling 10 car brands from five European countries, primarily divided into ‘Core’, ‘Sport and Luxury’ and ‘Progressive’ groups – all working independently for shared success.

The brands under the “Core” (volume) group includes Volkswagen, Škoda, SEAT, CUPRA and Volkswagen Commercial Vehicles while the ‘Sport and Luxury’ brand consists of the Porsche brand.

Brands including Audi, Bentley, Lamborghini and motorcycle brand, Ducati, all work closely together in the brand’s ‘Progressive’ (premium/luxury) group.

In addition, Volkswagen Group also owns MAN Truck & Bus, Scania, International and Volkswagen Truck & Bus, which it owned through its subsidiary – making the latter one of the world’s leading manufacturers of commercial vehicles.

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