Porsche completed the sale of its 45 percent stake in Bugatti Rimac and 20.6 percent stake in Rimac Group on Wednesday, generating approximately €1 billion ($1.2 billion) in proceeds.
The company revised its 2026 automotive net cash flow margin forecast upward to 5.5–7.5 percent from a previous range of 3–5 percent, a gain of at least 250 basis points at the lower bound.
Porsche will allocate €250 million of the sale proceeds to pension obligations. The remaining capital provides flexibility to address operational needs.
The exit reflects Porsche's strategic decision to focus on core automotive operations during weaker demand in China and slower-than-expected electric vehicle adoption. These headwinds have pressured earnings across the European auto sector.
Porsche established the Bugatti Rimac joint venture in 2021. Following the transaction and regulatory approvals, Rimac Group will retain full control of Bugatti Rimac with new investors. Mate Rimac, the founder, becomes president, and Marko Brkljačić, a former Rimac Technology executive, joins as chief operating officer.
The divestment ends Porsche's direct exposure to the electric hypercar segment but strengthens near-term financial flexibility during a period of structural industry transition.
