Porsche AG has agreed to sell its 45% stake in supercar brand Bugatti Rimac to a consortium led by New York-based venture capital firm HOF Capital, with BlueFive Capital as its largest investor. The deal comes as the automotive industry faces increasing pressure to consolidate amid slowing growth, rising costs, and increasing margin pressure from tariffs and geopolitical disruption. Porsche will also divest its 20.6% share in Rimac Group, marking a complete exit from its investment in the Croatian electric hypercar maker. The financial terms of the transaction were not disclosed.