As electric aspirations fade, Porsche sells its stake in Bugatti

Porsche is selling its stake in Bugatti to a consortium of investors, ending Volkswagen Group's 28-year ownership of the luxury brand. Bugatti, revived in 1998 by Ferdinand Piech with the Veyron, has a storied history including its original 1909 founding and a mid-1990s attempt with the EB110.