Volkswagen is selling Bugatti

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HONOLULU (KHON2) — Volkswagen (VW) is selling its Bugatti luxury car business. The car maker is shifting its focus toward electric vehicles.

The Bugatti brand will now fall under a new company owned by Croatian electric car startup “Rimac” and VW’s Porche brand.

Volkswagen owned the Bugatti car brand for more than two decades.

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