Bugatti Automobiles S.A.S.
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Bugatti Automobiles S.A.S. (French pronunciation: [bygati]) is a French high-performance luxury automobiles manufacturer and a luxury brand for hyper sports cars. The company was founded in 1998 as a subsidiary of the Volkswagen Group and is based in Molsheim, Alsace. In 1909, namesake Ettore Bugatti founded his automotive brand here and, with interruptions due to World War II, built sports, racing, and luxury cars until 1963. Since January 1, 2018, the company has been led by Stephan Winkelmann as President.[6][7]
In 1998, Volkswagen AG took over the design and naming rights to Bugatti from Italian businessman Romano Artioli, who built supercars such as the EB 110 and EB 112 with Bugatti SpA in Italy between 1987 and 1998. Since 2000, the Bugatti automobile brand has officially existed as Bugatti Automobiles S.A.S., still abbreviated to Bugatti. Since then, the company’s headquarters have once again been located in Molsheim, France.
On 22 December 2000, Volkswagen officially incorporated Bugatti Automobiles S.A.S., with former VW drivetrain chief Karl-Heinz Neumann as president. The company purchased the 1856 Château Saint Jean, formerly Ettore Bugatti’s guest house in Dorlisheim, near Molsheim, and began refurbishing it to serve as the company’s headquarters. The original factory was still in the hands of Snecma, who were unwilling to part with it. At the Pebble Beach Concours d’Elegance in August 2000, VW announced that they would instead build a new modern atelier (factory) next to and south of the Château. The atelier was officially inaugurated on 3 September 2005.
In September 2020, it was announced that Volkswagen was preparing to sell its Bugatti luxury brand. Talks were underway with the Croatian company Rimac Automobili. A good 700 Bugattis had been sold since 2005.[8] However, VW Group CEO Herbert Diess saw the unprofitable brand as ballast, the company said.[9]
In January 2021, Bugatti announced that it had increased its operating profit for the third year in a row. This marked the most successful year in the company’s history. In 2020, Bugatti delivered 77 vehicles to customers.
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Bugatti
Automobiles Ettore Bugatti was a French car manufacturer of high-performance automobiles, founded in 1909 in the then-German city of Molsheim, Alsace by the Italian-born industrial designer Ettore Bugatti. The cars were known for their design beauty and for their many race victories. Famous Bugattis include the Type 35 Grand Prix cars, the Type 41 “Royale”, the Type 57 “Atlantic” and the Type 55 sports car.
The death of Ettore Bugatti in 1947 proved to be the end for the marque, and the death of his son Jean Bugatti in 1939 ensured there was not a successor to lead the factory. No more than about 8,000 cars were made. The company struggled financially, and released one last model in the 1950s, before eventually being purchased for its airplane parts business in 1963.
In 1987, an Italian entrepreneur bought the brand and revived it as a builder of limited production exclusive sports cars based in Modena. In 1998, the Volkswagen Group bought the rights to the Bugatti marque and set up a subsidiary based back in Molsheim, Alsace.
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