VW in talks to sell Bugatti to Croatia's Rimac - Manager Magazin

FILE PHOTO: The Bugatti logo is seen on the radiator of a vintage Bugatti Type 35 sports car at the company's headquarters Chateau St. Jean in Molsheim, France June 6, 2019. Picture taken June 6, 2019. REUTERS/Arnd Wiegmann

FRANKFURT (Reuters) - Volkswagen is in talks to sell its supercar brand Bugatti to Croatian entrepreneur Mate Rimac, Manager Magazin said on Thursday citing people familiar with the talks.

The sale to Mate Rimac will be discussed by Volkswagen’s committees this year, Manager Magazin said.

Bugatti, Mate Rimac and Volkswagen declined to comment.

Rimac has developed an electric supercar platform, which he supplies to other carmakers, including Automobili Pininfarina. Volkswagen unit Porsche owns a stake in Rimac.

Reporting by Edward Taylor; Editing by Joseph Nasr