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Bugatti Italian born Ettore Bugatti produced his first car in 1899 at the age of 19. In 1909 he started his factory in Molsheim, Alsace. Bugattis were known for their advanced engineering in their premium road cars. The company's success culminated with driver Jean-Pierre Wimille winning the 24 hours of Le Mans twice (in 1937 with Robert Benoist and 1939 with Pierre Veyron). Volkswagen AG purchased the rights to produce cars under the Bugatti marque in 1998.


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Old 03-13-2007, 04:59 PM   #1 (permalink)
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Post Paefgen new President of Bugatti

Paefgen new President of Bugatti


Wolfsburg, 13 March 2007 - With immediate effect, Dr.-Ing. Franz-Josef Paefgen (60) has been appointed the new President of Bugatti Automobiles S.A.S. (Molsheim) and Bugatti International S.A. (Luxemburg). He succeeds Dr. Thomas Bscher, who leaves the company by mutual agreement at the end of the month.


Paefgen will continue to perform his duties as Chairman and Chief Executive of Bentley Motors Ltd. and General Representative of Volkswagen AG for Group Research and Motorsport in addition to his new responsibilities. From 1980, he held various senior posts at Audi AG, the most recent being Chairman of the Board of Management from 1998 to 2002. Since 2002, Paefgen has, inter alia, been Chairman of Bentley Motors Ltd.
From 2003 to 2005, he was responsible for the development of the Veyron 16.4 as Chief Executive Officer of Bugatti Engineering.
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