Porsche puts Bugatti's future in jeopardy

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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.

Source: LLN
 
That sounds great. I'd love to see that.

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.
 
yep they should make it hyper exclusive..serves the bugatti name right..
if not..shut it down
 

Porsche

Dr. Ing. h.c. F. Porsche AG, is a German automobile manufacturer specializing in high-performance sports cars, SUVs, and sedans, headquartered in Stuttgart, Baden-Württemberg, Germany. Owned by Volkswagen AG, it was founded in 1931 by Ferdinand Porsche. In its early days, Porsche was contracted by the German government to create a vehicle for the masses, which later became the Volkswagen Beetle. In the late 1940s, Ferdinand's son Ferry Porsche began building his car, which would result in the Porsche 356.
Official website: Porsche

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