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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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| Devotee ![]() ![]() ![]() ![]() ![]() ![]() Join Date: Nov 2005 Location: Montreal, Canada
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![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() | Porsche puts Bugatti's future in jeopardy Porsche puts Bugatti's future in jeopardy CEO Wendelin Wiedeking is using his company's large stake in Volkswagen to pressure the company into changing plans for its Bugatti brand, according to the latest issue of Britain's CAR magazine. As widely reported in the automotive press, the automaker loses money on every $1.3 million Veyron it sells. With the Veyron program not expected to turn a profit any time soon, rumors began circulating about a possible entry-level Bugatti roadster, and possibly even a more modestly priced sedan. Unfortunately, sister brands Lamborghini and Bentley are strongly opposed to VW allowing Bugatti to enter their territory. What's more, Porsche has concerns of its own about Bugatti moving downmarket. Accordingly, Porsche has suggested VW transform Bugatti into a coachbuilding business, creating one-off $4,000,000 super cars. While it's unclear if the company will go that far, there is mounting pressure both to achieve profitability, and not step on any toes. - ONLY REGISTERED AND ACTIVATED USERS CAN SEE ALL LINKS - CLICK HERE TO REGISTER |
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| Aficionado ![]() ![]() ![]() ![]() ![]() ![]() ![]() Join Date: Oct 2005 Location: L.A.
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![]() ![]() ![]() ![]() ![]() ![]() | Re: Porsche puts Bugatti's future in jeopardy I agree. This is the only way cars like the Veyron make any sense at all. At the same time I think Porsche should take control over VW to straighten out more of the core products within the others brands as well, there's still some disorganization that needs to be sorted. |
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| Shaolin Shadow Boxer ![]() ![]() ![]() Join Date: Sep 2005 Location: Sweden Gothenburg
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![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() | Re: Porsche puts Bugatti's future in jeopardy yep they should make it hyper exclusive..serves the bugatti name right.. if not..shut it down |
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