Porsche sells its shares in Bugatti Rimac

Introduction

Porsche sold its 45% share in Bugatti Rimac. It also sold its 20.6% share in Rimac Group. A group of investors led by HOF Capital bought the shares. This sale means Porsche leaves the joint venture. The joint venture started in 2021.

Main Body

Bugatti Rimac started in 2021. Porsche owned 45% of it. Rimac Group owned 55%. Bugatti is a luxury car brand. Rimac makes electric car parts. Porsche decided to sell its shares. The car industry has problems. Growth is slow. Costs are high. Tariffs and world problems hurt profits. Porsche's CEO said the sale helps Porsche focus on its main business. Mate Rimac is the CEO of Bugatti Rimac. He thanked Porsche for its help. He said the new owners will help the company move faster. Rimac Group will now fully control Bugatti Rimac. It will work with BlueFive Capital and HOF Capital. The price of the sale is not public. Bloomberg says Mate Rimac offered more than €1 billion in 2025. A person from the Sawiris family co-founded HOF Capital. Hazem Ben-Gacem leads BlueFive Capital. He said the deal is more than just money. After the news, Porsche shares fell 1.6% on the Frankfurt stock exchange.

Conclusion

Porsche now focuses on its main business. Rimac Group has full control of Bugatti Rimac with new partners. Porsche leaves its investment in both companies.

Vocabulary Learning

buy
To get something by paying money.購買
Example:Investors bought the shares.
car
A vehicle with four wheels that carries people.汽車
Example:Bugatti is a luxury car brand.
sell
To give something to someone for money.出售
Example:Porsche sold its shares.
slow
Not fast; taking a long time.緩慢的
Example:Growth is slow.
start
To begin something.開始
Example:The company started in 2021.

Sentence Learning

Porsche sold its 45% share in Bugatti Rimac.
This sentence uses the past simple tense 'sold' to describe a completed action. The subject is 'Porsche', the verb is 'sold', and the object is 'its 45% share'.本句使用過去簡單時態'sold'描述一個已完成的動作。主語是'Porsche',動詞是'sold',賓語是'its 45% share'。
Bugatti Rimac started in 2021.
This sentence uses the past simple tense 'started' to say when something began. The subject is 'Bugatti Rimac', the verb is 'started', and the time is 'in 2021'.本句使用過去簡單時態'started'說明某事開始的時間。主語是'Bugatti Rimac',動詞是'started',時間是'in 2021'。
Porsche decided to sell its shares.
This sentence uses the past simple tense 'decided' followed by an infinitive 'to sell'. The subject is 'Porsche', the verb is 'decided', and the action is 'to sell its shares'.本句使用過去簡單時態'decided'後接不定式'to sell'。主語是'Porsche',動詞是'decided',動作是'to sell its shares'。
The car industry has problems.
This sentence uses the present simple tense 'has' to describe a general situation. The subject is 'The car industry', the verb is 'has', and the object is 'problems'.本句使用現在簡單時態'has'描述一般情況。主語是'The car industry',動詞是'has',賓語是'problems'。
Rimac Group will now fully control Bugatti Rimac.
This sentence uses the future simple tense 'will control' to talk about a future action. The subject is 'Rimac Group', the verb phrase is 'will control', and the object is 'Bugatti Rimac'. The word 'now' adds emphasis.本句使用將來簡單時態'will control'談論未來動作。主語是'Rimac Group',動詞短語是'will control',賓語是'Bugatti Rimac'。單詞'now'加強語氣。