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Bugatti promotes 27-year-old former intern to head of special projects

Thu, Dec 3 2020

Bugatti has put the future of its one- and few-off projects in the hands of a former intern. 27-year-old Nils Sajonz has been promoted to head of special projects to oversee the development of upcoming models. Sajonz joined the French carmaker as an intern in 2015, and he wrote his university thesis on a race car developed for autonomous racing. While the prototype never hit the track, executives hired him as a designer after he graduated. He contributed to projects like the La Voiture Noire, the Centodieci, the Divo, and the Bolide. Working in Bugatti's design department requires a thorough understanding of its heritage, which includes obscure electric cars and championship-winning single-seaters. Many of the unbuilt projects that Autoblog discovered earlier in 2020 were visibly inspired by the company's past. Sajonz is still in his 20s, so he views design through a different lens than some of his older colleagues, but he noted he aims to bring new ideas to the team without diluting the key styling cues that have defined most of Bugatti's cars since its inception over 100 years ago. "The heritage of the Bugatti brand is not lost on me," he said in a statement. "It is important that future special projects retain the design identity of the brand, which is simply unrivaled." Interestingly, he shed light on why the recently-introduced Bolide track car has X-shaped rear lights. It's a styling cue that echoes the Bell X-1, which was the first plane to break the sound barrier, but it's also a reference to the tape that race car drivers used to put over their headlights to ensure the glass didn't spread on the tarmac if it broke. Sajonz will work directly under Achim Anscheidt, the company's head of design. We don't much about the future special projects he referenced, but we shouldn't have to wait too long to find out what his team has in store. Related video:

Limited-edition Bugatti Chiron Sport bridges the gap between cars and planes

Tue, Nov 24 2020

Bugatti is highlighting the little-known link between some of its earliest race cars and aviation with a limited-edition variant of the Chiron Sport named Les Legendes du Ciel. Although it doesn't gain wings and an air-cooled radial engine, the model features several design tweaks made to catch the eye of vintage car and airplane buffs alike. "Many successful Bugatti racing drivers, such as Albert Divo, Robert Benoist and Bartolomeo ‘MeoÂ’ Costantini, flew for the French Air Force. It is therefore almost an obligation for us today to pay tribute to the legends of that time and dedicate a special edition to them," explained company boss Stephan Winkelmann in a statement.  Starting with a Chiron Sport, stylists painted the body in a specific shade called Gris Serpent (which means "snake gray" in French) that's inspired by the color of some of the planes that flew during the 1920s. For contrast, they added a white stripe that stretches from the grille to the rear wing, and they painted the front part of each rocket panel blue, white and red. Exposed carbon fiber accents add a finishing touch to the overall design. Look closely at the front end, and you'll notice another edition-specific touch. Instead of mesh, the grille's insert is made with laser-cut strips of aluminum arranged to look like a group of planes flying in a formation.  Brown leather upholstery dominates the cabin, and aluminum trim pieces create another visual link between the Les Legendes du Ciel and planes built over a century ago. Each door panel gains a hand-sketched image showing a Bugatti Type 13 racing against a Nieuport 17 biplane. Released in 1910, the Type 13 was the first car to wear the Bugatti name. Launched in 1916, the 17 was a single-seater appreciated for its speed and reliability. Power for the Les Legendes du Ciel comes from a quad-turbocharged 8.0-liter W16 engine, which produces 1,500 horsepower and 1,180 pound-feet of torque. It spins the four wheels via a seven-speed dual-clutch automatic transmission linked to steering wheel-mounted shift paddles, and it sends the Chiron to a top speed that's electronically limited to 261 mph. In other words, it's faster than some of the planes it pays tribute to. Bugatti will make 20 units of the Chiron Sport Les Legendes du Ciel, and pricing starts at 2.88 million euros, a figure that represents $3.41 million at the current conversion rate. It sounds like build slots are still available.

Volkswagen posts quarterly profit despite drop in sales

Thu, Oct 29 2020

Volkswagen returned to profit in the third quarter as surging Chinese demand for luxury cars helped offset a 1.1% drop in vehicle deliveries due to the pandemic, sending its shares as much as 3% higher on Thursday. The German automaker's return to the black comes amid spiking coronavirus cases in Europe that led governments in France and Germany to order their countries back into strict national lockdowns on Wednesday. "The coronavirus remains a central problem," Volkswagen Chief Financial Officer Frank Witter said in a conference call with reporters. "This situation now is anything but relaxed." But Witter said the group expected the economic recovery to continue and did "not anticipate any nationwide lockdowns in larger markets." Witter said the takeover of U.S. truck maker Navistar International by Volkswagen's trucking unit Traton was an important acquisition, but the "current economic climate will not make this easy." Volkswagen reiterated it expects to post a profit for the full year, saying its business "recovered noticeably" in the third quarter as sales in China of premium vehicles, including Audi and Porsche sports cars, rose 3%. The quarterly performance was also aided by a series of cost-cutting measures launched earlier this year. Volkswagen said its net liquidity rose to 24.8 billion euros from 18.7 billion at the end of the second quarter. Excluding one-time items, third-quarter operating profit was 3.2 billion euros ($3.8 billion), down from 4.8 billion euros a year earlier, but up from a second quarter loss of 1.7 billion. In a note to clients, Jefferies analyst Philippe Houchois described the results as a "solid performance with strong cash, but relatively muted in the context of the (auto) sector recovery." Last week, German rival Daimler reported a record 24% jump in Chinese demand for its Mercedes-Benz cars, boosting its margins in the third quarter. Italian-American Fiat Chrysler Automobiles and Peugeot manufacturer PSA Group both also posted solid results this week. Witter said Volkswagen could not say for sure whether it would meet EU CO2 emissions targets this year, adding "it will be a tough race." At 1030 GMT, Volkswagen shares were up 2.9% at 129.20 euros. Related Video: Earnings/Financials Audi Bentley Bugatti Lamborghini Porsche Volkswagen

Bugatti Bolide weighs less than a Subaru BRZ and has over nine times the power

Wed, Oct 28 2020

Since rising from its ashes for the second time in 1998, Bugatti has specialized in creating cars that are as fast and powerful as they are luxurious. And yet, competition — where luxury is superfluous — is a big part of its DNA. It renewed ties with its racing heritage by building a track-only two-seater around its mighty 16-cylinder engine. Bugatti proudly calls the Bolide — which means "a very fast car" in French — the fastest and lightest concept it has ever built. Concept is the key term here; the Bolide is a one-off, and it has not been approved for production yet. It's proof of concept that illustrates what a modern-day successor to the victorious Type 35 could look like. Stephan Winkelmann, the head of Bugatti, said driving the Bolide is "like riding a cannonball." Do you remember the 0.67 figure the company mysterious floated? That's the car's power-to-weight ratio, which was achieved using the kilogram-per-Pferdestrke formula used in Europe. It tips the scale at 2,734 pounds dry, and it has 1,824 horsepower. Put another way, it weighs slightly less than a Subaru BRZ, but it has over nine times the power. Unlocking the full cavalry requires feeding the quad-turbocharged, 8.0-liter W16 engine 110-octane race fuel. Its output checks in at 1,600 horsepower (a figure that's on par with the limited-edition Centodieci's) when it burns 98-octane gasoline, which is dispensed at virtually every pump across Europe. Computer simulations suggest that the Bolide's top speed lies somewhere north of 310 mph, and that it can lap the Nurburgring track in 5:23.1. Although the W16 is closely related to the unit that powers the Chiron, it received a number of modifications that reflect the fact that the Bolide was not designed for street use. It develops 1,364 pound-feet of torque thanks in part to four newly-developed turbochargers. Its intake and exhaust systems are derestricted to let more air travel through, and the oil system has been revised to cope with the high centrifugal forces experienced on the track. Created in eight months, the Bolide benefits from an array of weight-saving techniques, including some not found in production cars. All of the screws and fasteners used to build it are made with titanium, for example. The auxiliary drive shafts are manufactured using a blend of carbon fiber and 3D-printed titanium. Aerodynamic innovations are part of the package, too.

Bugatti previews what looks like a W16-powered race car

Tue, Oct 27 2020

Bugatti captured our attention when it released an image of an enigmatic new model whose rear lights form an X. We still don't know exactly what we're looking at, but a photo of its powertrain sheds light on what's coming. Significantly, the digital rendering shows the car is built around the quad-turbocharged W16 that powers the Chiron. An earlier report speculated it would be electric, and that's evidently not the case. The engine is mounted directly behind the passenger compartment, and the transmission it's bolted to seemingly spins the four wheels. We also see a rectangular steering wheel, a pair of carbon fiber bucket seats, and center-locking wheels covered by carbon fiber discs. All of these parts look like they belong in a race car, but Bugatti is keeping additional details under wraps. "What if...?" again appears on the photo, so we're expecting something out of the ordinary.  An earlier teaser showing the number 0,67 also asked more questions than it answered. Europeans use a comma instead of a decimal, so there's a strong chance we're looking at 0.67. It's far too high to be the car's drag coefficient; keep in mind the original Land Rover Defender had a 0.59 drag coefficient, and the rear-engined Volkswagen Beetle posted 0.48. If this is indeed a track car, is it 0.67 seconds quicker than the Chiron around a given track? It's possible but unlikely, because that's a rounding error at best regardless of whether we're talking about the Circuit de la Sarthe, the Nurburgring, or Suzuka. 0.67 seconds quicker to 60 mph is plausible.  Is it a one-off, or a limited-edition model? If it's the latter, are there any build slots left? Your guess is as good as ours. All of our questions will be answered when the mysterious car makes its global debut online tomorrow, October 28, at noon Central European time, which is 6 a.m. on the East Coast and 3 a.m. in California.

Bugatti's next new model looks part spaceship, part hypercar

Tue, Oct 20 2020

2020 has been a busy year for Bugatti. It unveiled the Pur Sport variant of the Chiron, it began building the Divo, and it dusted off some of the fascinating prototypes it canceled in the 2010s. It has at least one more surprise up its sleeve, and it published a dark, perplexing preview image to give enthusiasts an early look at the model. Bugatti captioned the sketch "what if...?," which suggests we're looking at a model that's markedly different than the other cars in its range. We can't imagine the French company would invite us simply to imagine what a Chiron with black wheels and gold brake calipers would look like. We're intrigued by the shape of what looks like the rear lights: they form an X, and they don't match the light signature worn by Bugatti's other models. We've seen the X theme on the aforementioned Pur Sport, though the four strips of LEDs are also reminiscent of something you'd spot in outer space. It's a very spaceship-like look that could hint at the brand's next design language. X marks the spot where what we know about Bugatti's next car ends, and speculation begins. Working extra-long hours, the rumor mill recently brought us murmurings of an electric car possibly fitted with four seats. Could we be looking at it? Alternatively, some reports claim more Chiron variants are in the pipeline, and this might be one of them. What's certain is that, whatever we're looking at, it's not an SUV; Bugatti stressed it won't build one. Finally, it's too early to tell whether the model is related to unverified claims that Rimac is preparing to buy the firm. Bugatti will introduce the model online in the not-too-distant future. Related Video:

Volkswagen may 'carve out' Lamborghini to list on the stock exchange

Thu, Oct 1 2020

FRANKFURT — Volkswagen is drawing up plans to set up Lamborghini as a more independent unit, and is discussing long-term supply deals that could make it easier to list it on the stock exchange, two sources familiar with the matter told Reuters. "Volkswagen is in the process of carving out Lamborghini, and to organize future supply and technology transfer deals," one of the sources familiar with the matter told Reuters. The Italian sportscar brand, which is currently a division of Audi, could be partially listed, with Volkswagen retaining a controlling stake, the first person familiar with the talks said. There is no formal decision to divest Lamborghini, a second source said, adding that the timetable of any deal remained unclear. "This is a first step which gives VW the option to list the unit further down the line," the second source told Reuters. A third source familiar with the discussions said the future of Bugatti, Lamborghini and Ducati was discussed during a supervisory board meeting last Friday. The possibilities for how to electrify the Lamborghini and Bugatti brands through partnerships and investors was discussed, the third source said. Bankers and potential cornerstone investors in an IPO have been approached by the carmaker, the sources said. Volkswagen declined to comment. Volkswagen Group's Chief Executive Herbert Diess on Wednesday said the carmaker will announce "important steps" about the company's future before the close of the year. Volkswagen is reviewing what role its high-performance brands Lamborghini, Bugatti and Ducati will play within the multi-brand carmaker as part of broader quest for more economies of scale, senior executives told Reuters. A global clampdown on combustion-engined vehicles has forced carmakers to accelerate development of low-emission technology for mainstream models, leaving Volkswagen managers struggling to find resources to electrify low volume sportscar models. Related Video:

As VW electrifies, it questions the role of Lamborghini, Bugatti, Ducati

Wed, Sep 30 2020

FRANKFURT — Volkswagen needs to change to stay relevant in the electric and digital vehicle era and will announce "important steps" to that end before the close of the year, Chief Executive Herbert Diess said on Wednesday. "Volkswagen needs to change: From a collection of valuable brands and fascinating combustion-engine products that thrill customers with superb engineering — to a digital company that reliably operates millions of mobility devices worldwide," Diess told shareholders at the company's virtual general meeting. Vehicles need to stay in contact with customers, offer new services and comfort functions on a weekly or even daily basis, he said. "We will take further important steps to set the course for this in the rest of 2020," Diess said. Senior executives told Reuters the company is reviewing what role its high-performance brands Lamborghini, Bugatti and Ducati will play as the company increasingly focuses on electric, digital and autonomous vehicles. Volkswagen, which also owns VW, Audi, Porsche, Seat and Skoda, is looking at whether it has the resources to accelerate development of electric platforms for smaller brands at a time it is investing billions to transform its more mainstream cars. Asked whether Ducati, which is known for making noisy combustion-engined motorbikes, has an electric future, Markus Duesmann, who oversees research and development for the group, said: "It will not take long until we see an electric Ducati." Whether Ducati, which is a medium-sized premium motorbike brand, would offer an electric variant, depends on whether a bike could offer range comparable to a combustion-engined variant, Duesmann said. Advances are being made in battery technology which could make this possible, he added. Separately Frank Witter, the company's chief financial officer, in response to a question about whether a sale of Lamborghini is planned, said Volkswagen does not comment on speculation about potential divestments. Lamborghini's Chief Executive Stefano Domenicali this week announced his departure from the sports car maker to take on a new job as president of Formula One. VW needs cash Volkswagen is reviewing the future of these three high-performance brands as part of broader quest for more economies of scale as it shifts to mass producing electric cars, senior executives told Reuters.

Rimac is reportedly close to buying Bugatti from the Volkswagen Group

Thu, Sep 17 2020

Croatia-based Rimac is finalizing a deal to purchase Bugatti from the Volkswagen Group, according to an unverified report. If the rumor is accurate, the sale would propel Rimac to the top of the automotive industry, guarantee that Bugatti's future is electric, and mark the beginning of Volkswagen's efforts to divest its empire. Executives in Wolfsburg gave the deal the green light in September 2020, according to anonymous sources who spoke to British magazine Car, but the company's supervisory board hasn't approved it yet. Selling the French company isn't as simple as sending company founder Mate Rimac an email with an account number. Insiders explained Volkswagen would likely trade Bugatti and all of its assets for a significant stake in Rimac that would be transferred directly to Porsche, which already owns 15.5% of the brand. Officials hope to increase that figure to about 49%, meaning Bugatti is theoretically worth about 33.5% of Rimac, which was founded in 2009. Bugatti told Autoblog it can't comment on speculation. Mate Rimac gave us a similar answer. Rumors of a Bugatti sale have hovered around the automotive industry for several years, and they've never materialized. In theory, spinning off the brand would be relatively easy because it's not as deeply integrated into the Volkswagen Group as its sister companies. It doesn't share its W16 engine with another carmaker, for example. And yet, Car speculates Lamborghini, SEAT, ItalDesign, Bentley, and Ducati will also be sold in the coming years, leaving Volkswagen with its namesake division, Skoda, Audi, Porsche, Scania, and MAN. Volkswagen is having an estate sale to fund the development of electric, autonomous, and digital technologies. Its downsizing will send ripples through the auto industry. Porsche could move upmarket if it doesn't have to worry about stepping on Lamborghini's toes, for example. Spinoffs are always risky, so some companies may not survive if they're not bolstered by economies of scale. As of writing, there's no word on who will pick up the brands being divested under this scenario. And, keep in mind none of this is official. Volkswagen hasn't commented on the report. We'll update this developing story as more information becomes available.

Bugatti introduces the Baby II electric roadster priced at under $35,000

Sat, Jul 25 2020

Bugatti returned to the electric-car segment after a decades-long hiatus by releasing a single-seater roadster that costs less than a new Mercedes-Benz C-Class. The catch is that it's a limited-edition model known as the Baby II that's a smaller replica of the race-winning Type 35 that blurs the line between a car and a toy. Developed with The Little Car Company, the Baby II is a modern re-creation of the original Baby that company founder Ettore Bugatti built for his son Roland in 1926. It was 50% smaller than the Type 35, fully electric, fitted with wooden brakes, and envisioned as a one-off model. Bugatti's customers quickly caught wind of the Baby (which was also known as the Type 52) and requested one for their kids. Ultimately, about 500 units were made. Fast forward to 2020, and the Baby II picks up where its predecessor left off with a body that's only 25% smaller than the Type 35. Adults can drive it, the images released by the company show test driver Andy Wallace having a blast behind the wheel, but it's likely too small to fit the average NBA player. Its interior features an instrument cluster like the Type 35's, a quick-release steering wheel, and adjustable seats, among other equipment. Buyers have three variants named Base, Vitesse, and Pur Sang to choose from. The base model has a composite body, a 1.4-kilowatt-hour battery pack, and hydraulic brakes. Its electric motor sends 1.3 horsepower to the rear wheels through a limited-slip differential when the driver selects Novice mode, but that figure increases to 5.8 horses when Expert mode is dialed in. Its top speed checks in at 30 mph. The Vitesse and the Pur Sang each have a 2.8-kilowatt-hour battery, and they receive an upgraded powertrain that generates 13.4 horsepower when the driver uses the Bugatti Speed Key. They're both capable of reaching 42 mph. Vitesse models have a carbon fiber body, while the Pur Sang wears an aluminum body that takes about 200 hours to pound into shape by hand. Range varies between 15 and 31 miles depending on the model selected, and owners can swap out the battery pack in a matter of seconds instead of waiting for a charge. And, while the Baby II is kind of like a big toy, it should deliver surprisingly sharp handling. Bugatti explained it 3D-scanned the Type 35 that won the Lyon Grand Prix and used that data to create a scaled-down suspension. It added adjustable dampers, however. Bugatti will make 500 examples of the Baby II.